MGO One Seven LLC Purchases 10,265 Shares of iShares Bitcoin Trust ETF $IBIT

MGO One Seven LLC raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 12.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 91,604 shares of the company’s stock after purchasing an additional 10,265 shares during the quarter. MGO One Seven LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,954,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in IBIT. Evermay Wealth Management LLC raised its holdings in iShares Bitcoin Trust ETF by 15.8% in the 2nd quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock valued at $67,000 after buying an additional 150 shares during the last quarter. McIlrath & Eck LLC increased its position in iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after acquiring an additional 163 shares during the period. Vivaldi Capital Management LP raised its stake in shares of iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after acquiring an additional 163 shares during the last quarter. Howard Capital Management Group LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 0.6% during the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after purchasing an additional 165 shares during the period. Finally, Encompass Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after purchasing an additional 165 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $51.87 on Tuesday. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82. The stock has a fifty day simple moving average of $51.89 and a 200 day simple moving average of $60.26.

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.