Andina Capital Management LLC Raises Holdings in iShares Bitcoin Trust ETF $IBIT

by · The Cerbat Gem

Andina Capital Management LLC increased its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 81.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,054 shares of the company’s stock after buying an additional 13,902 shares during the quarter. iShares Bitcoin Trust ETF comprises about 1.0% of Andina Capital Management LLC’s investment portfolio, making the stock its 27th biggest position. Andina Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,454,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. American Capital Advisory LLC raised its holdings in iShares Bitcoin Trust ETF by 144.7% in the first quarter. American Capital Advisory LLC now owns 553 shares of the company’s stock valued at $26,000 after acquiring an additional 327 shares in the last quarter. Mather Group LLC. raised its holdings in shares of iShares Bitcoin Trust ETF by 164.2% during the first quarter. Mather Group LLC. now owns 605 shares of the company’s stock worth $28,000 after purchasing an additional 376 shares during the period. Berbice Capital Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 100.0% during the first quarter. Berbice Capital Management LLC now owns 600 shares of the company’s stock worth $28,000 after purchasing an additional 300 shares during the period. Smallwood Wealth Investment Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the first quarter worth $30,000. Finally, Reyes Financial Architecture Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF during the first quarter worth $33,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $66.05 on Tuesday. iShares Bitcoin Trust ETF has a 1-year low of $30.24 and a 1-year high of $69.89. The company’s fifty day moving average is $64.13 and its two-hundred day moving average is $56.80.

iShares Bitcoin Trust ETF Profile

(Free Report)

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.

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