Rathbones Group PLC Purchases 1,110 Shares of iShares Bitcoin Trust ETF $IBIT

Rathbones Group PLC raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,112 shares of the company’s stock after purchasing an additional 1,110 shares during the quarter. Rathbones Group PLC’s holdings in iShares Bitcoin Trust ETF were worth $435,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IBIT. Parkside Financial Bank & Trust grew its holdings in shares of iShares Bitcoin Trust ETF by 29.3% during the second quarter. Parkside Financial Bank & Trust now owns 1,543 shares of the company’s stock worth $94,000 after buying an additional 350 shares in the last quarter. WESCAP Management Group Inc. boosted its position in iShares Bitcoin Trust ETF by 3.1% during the 2nd quarter. WESCAP Management Group Inc. now owns 33,314 shares of the company’s stock worth $2,039,000 after acquiring an additional 1,011 shares during the last quarter. RWA Wealth Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $1,290,000. Disciplined Investors L.L.C. acquired a new stake in shares of iShares Bitcoin Trust ETF in the second quarter valued at approximately $247,000. Finally, AE Wealth Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 131.3% in the second quarter. AE Wealth Management LLC now owns 53,248 shares of the company’s stock valued at $3,259,000 after purchasing an additional 30,227 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $58.35 on Wednesday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The firm has a fifty day simple moving average of $63.85 and a 200 day simple moving average of $62.76.

About iShares Bitcoin Trust ETF

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.