iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Ackerman Capital Advisors LLC

Ackerman Capital Advisors LLC lifted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 5.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 17,273 shares of the company’s stock after acquiring an additional 882 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in iShares Bitcoin Trust were worth $590,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IBIT. Signal Advisors Wealth LLC acquired a new stake in iShares Bitcoin Trust during the 1st quarter worth approximately $832,000. LexAurum Advisors LLC acquired a new stake in iShares Bitcoin Trust during the 1st quarter worth approximately $485,000. Salem Investment Counselors Inc. acquired a new stake in iShares Bitcoin Trust during the 1st quarter worth approximately $41,000. Catalyst Private Wealth LLC acquired a new stake in iShares Bitcoin Trust during the 1st quarter worth approximately $212,000. Finally, Traynor Capital Management Inc. acquired a new stake in iShares Bitcoin Trust during the 1st quarter worth approximately $3,666,000.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock traded down $0.19 during mid-day trading on Monday, reaching $36.09. 19,168,410 shares of the company’s stock were exchanged, compared to its average volume of 31,236,773. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $41.99. The company has a fifty day moving average of $35.13 and a 200-day moving average of $36.08.

iShares Bitcoin Trust 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.