Central Asset Investments & Management Holdings HK Ltd grew its position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 38.1% in the second quarter, HoldingsChannel.com reports. The fund owned 29,000 shares of the company’s stock after buying an additional 8,000 shares during the period. iShares Bitcoin Trust comprises about 0.4% of Central Asset Investments & Management Holdings HK Ltd’s portfolio, making the stock its 24th biggest holding. Central Asset Investments & Management Holdings HK Ltd’s holdings in iShares Bitcoin Trust were worth $990,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently modified their holdings of the company. FinTrust Capital Advisors LLC bought a new position in iShares Bitcoin Trust during the first quarter worth about $26,000. Creekmur Asset Management LLC acquired a new position in shares of iShares Bitcoin Trust in the first quarter valued at $30,000. Sound Income Strategies LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at about $30,000. International Assets Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust in the second quarter valued at approximately $31,000. Finally, Hazlett Burt & Watson Inc. bought a new position in shares of iShares Bitcoin Trust during the first quarter worth approximately $40,000.
iShares Bitcoin Trust Stock Performance
IBIT opened at $34.10 on Wednesday. The business has a fifty day simple moving average of $34.55 and a 200 day simple moving average of $36.43. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $41.99.
iShares Bitcoin Trust 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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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