Sound Financial Strategies Group LLC Buys New Shares in iShares Bitcoin Trust ETF $IBIT

Sound Financial Strategies Group LLC bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, HoldingsChannel reports. The firm bought 16,935 shares of the company’s stock, valued at approximately $564,000. iShares Bitcoin Trust ETF comprises about 0.4% of Sound Financial Strategies Group LLC’s holdings, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of IBIT. McIlrath & Eck LLC grew its stake in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP increased its position in shares of iShares Bitcoin Trust ETF by 3.3% during the 2nd quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after purchasing an additional 163 shares during the last quarter. ST Germain D J Co. Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 2.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock worth $400,000 after purchasing an additional 220 shares in the last quarter. Channel Wealth LLC raised its stake in shares of iShares Bitcoin Trust ETF by 5.7% during the 4th quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after purchasing an additional 233 shares in the last quarter. Finally, Retirement Planning Group LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 2.0% in the 1st quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after buying an additional 245 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $36.60 on Wednesday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The stock has a 50 day moving average of $35.92 and a 200-day moving average of $39.18.

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.