K.J. Harrison & Partners Inc Grows Stock Position in iShares Bitcoin Trust ETF $IBIT

K.J. Harrison & Partners Inc lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 156.0% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 49,228 shares of the company’s stock after acquiring an additional 30,000 shares during the period. K.J. Harrison & Partners Inc’s holdings in iShares Bitcoin Trust ETF were worth $1,639,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. McIlrath & Eck LLC boosted its stake in iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock worth $43,000 after purchasing an additional 163 shares in the last quarter. Vivaldi Capital Management LP raised its holdings in shares of iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after buying an additional 163 shares during the last quarter. ST Germain D J Co. Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 2.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 8,059 shares of the company’s stock worth $400,000 after buying an additional 220 shares during the period. Channel Wealth LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 5.7% during the fourth quarter. Channel Wealth LLC now owns 4,293 shares of the company’s stock worth $213,000 after buying an additional 233 shares during the period. Finally, Retirement Planning Group LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 2.0% during the first quarter. Retirement Planning Group LLC now owns 12,783 shares of the company’s stock valued at $491,000 after buying an additional 245 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT stock opened at $36.42 on Tuesday. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82. The stock’s 50-day simple moving average is $35.89 and its 200-day simple moving average is $39.27.

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.