Nkcfo LLC Has $3.03 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Nkcfo LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 84.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,000 shares of the company’s stock after buying an additional 28,000 shares during the period. iShares Bitcoin Trust ETF comprises 0.9% of Nkcfo LLC’s portfolio, making the stock its 28th largest holding. Nkcfo LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,029,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth about $711,000. Bison Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at $3,140,000. Royal Bank of Canada raised its position in iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in iShares Bitcoin Trust ETF by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the second quarter worth $357,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $43.32 on Friday. The business has a fifty day moving average of $40.40 and a 200-day moving average of $47.85. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82.

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.