Heirloom Wealth Management Boosts Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Heirloom Wealth Management boosted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 1.8% during the second quarter, HoldingsChannel.com reports. The firm owned 114,578 shares of the company’s stock after acquiring an additional 2,026 shares during the period. iShares Bitcoin Trust ETF comprises approximately 1.9% of Heirloom Wealth Management’s holdings, making the stock its 18th biggest holding. Heirloom Wealth Management’s holdings in iShares Bitcoin Trust ETF were worth $7,013,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in iShares Bitcoin Trust ETF by 25.6% during the second quarter. Brighton Jones LLC now owns 11,521 shares of the company’s stock worth $705,000 after purchasing an additional 2,345 shares during the period. Leavell Investment Management Inc. raised its stake in iShares Bitcoin Trust ETF by 67.3% during the second quarter. Leavell Investment Management Inc. now owns 10,374 shares of the company’s stock worth $635,000 after purchasing an additional 4,174 shares during the period. B & T Capital Management DBA Alpha Capital Management purchased a new position in iShares Bitcoin Trust ETF during the second quarter worth approximately $317,000. Focus Partners Advisor Solutions LLC raised its stake in iShares Bitcoin Trust ETF by 22.0% during the second quarter. Focus Partners Advisor Solutions LLC now owns 34,948 shares of the company’s stock worth $2,139,000 after purchasing an additional 6,301 shares during the period. Finally, Curio Wealth LLC raised its stake in iShares Bitcoin Trust ETF by 88,800.0% during the second quarter. Curio Wealth LLC now owns 889 shares of the company’s stock worth $54,000 after purchasing an additional 888 shares during the period.

iShares Bitcoin Trust ETF Stock Up 0.4%

NASDAQ:IBIT opened at $62.83 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $37.47 and a fifty-two week high of $71.82. The firm’s 50 day moving average is $64.60 and its two-hundred day moving average is $61.63.

iShares Bitcoin Trust ETF Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.