Pacific Excel Wealth Advisors Inc. Purchases Shares of 26,359 iShares Bitcoin Trust ETF $IBIT

Pacific Excel Wealth Advisors Inc. purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, Holdings Channel.com reports. The firm purchased 26,359 shares of the company’s stock, valued at approximately $877,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. CX Institutional raised its position in shares of iShares Bitcoin Trust ETF by 5.1% during the 2nd quarter. CX Institutional now owns 37,492 shares of the company’s stock worth $1,248,000 after acquiring an additional 1,814 shares in the last quarter. VectorGlobal IAG Inc. acquired a new position in iShares Bitcoin Trust ETF in the first quarter valued at approximately $1,598,000. Basecamp Wealth Advisors LLC boosted its holdings in iShares Bitcoin Trust ETF by 32.4% in the first quarter. Basecamp Wealth Advisors LLC now owns 9,160 shares of the company’s stock valued at $352,000 after purchasing an additional 2,239 shares in the last quarter. Western Wealth Management LLC increased its stake in iShares Bitcoin Trust ETF by 33.7% in the first quarter. Western Wealth Management LLC now owns 26,779 shares of the company’s stock valued at $1,029,000 after purchasing an additional 6,751 shares during the last quarter. Finally, Town Capital LLC increased its stake in iShares Bitcoin Trust ETF by 38.2% in the first quarter. Town Capital LLC now owns 22,904 shares of the company’s stock valued at $880,000 after purchasing an additional 6,333 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $36.39 on Wednesday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The company’s 50 day moving average is $36.37 and its two-hundred day moving average is $40.26.

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.