iShares Bitcoin Trust ETF (NASDAQ:IBIT) Holdings Boosted by JTC Employer Solutions Trustee Ltd

JTC Employer Solutions Trustee Ltd grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 27.0% during the 1st quarter, HoldingsChannel reports. The fund owned 47,616 shares of the company’s stock after acquiring an additional 10,135 shares during the period. JTC Employer Solutions Trustee Ltd’s holdings in iShares Bitcoin Trust ETF were worth $2,230,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust ETF in the fourth quarter worth about $25,000. Stephens Consulting LLC grew its stake in shares of iShares Bitcoin Trust ETF by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Crewe Advisors LLC grew its stake in shares of iShares Bitcoin Trust ETF by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after purchasing an additional 302 shares during the last quarter. Beacon Capital Management LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $28,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $28,000.

iShares Bitcoin Trust ETF Stock Down 0.9%

Shares of IBIT stock opened at $59.46 on Friday. The firm’s 50 day moving average price is $53.26 and its two-hundred day moving average price is $53.76. iShares Bitcoin Trust ETF has a 52-week low of $28.23 and a 52-week high of $63.70.

iShares Bitcoin Trust ETF Company 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.