Blue Square Asset Management LLC Makes New Investment in iShares Bitcoin Trust ETF $IBIT

Blue Square Asset Management LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,401 shares of the company’s stock, valued at approximately $1,391,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Evermay Wealth Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 15.8% during the 2nd quarter. Evermay Wealth Management LLC now owns 1,100 shares of the company’s stock worth $67,000 after purchasing an additional 150 shares during the period. McIlrath & Eck LLC increased its stake in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares during the last quarter. Vivaldi Capital Management LP lifted its position in iShares Bitcoin Trust ETF by 3.3% during 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 period. Howard Capital Management Group LLC boosted its stake in iShares Bitcoin Trust ETF by 0.6% in the 3rd quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after buying an additional 165 shares during the last quarter. Finally, Encompass Wealth Advisors LLC boosted its stake in iShares Bitcoin Trust ETF by 2.2% in the 3rd quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock worth $498,000 after buying an additional 165 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 3.5%

NASDAQ IBIT opened at $55.44 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The company has a 50-day moving average of $51.75 and a 200-day moving average of $60.18.

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.