iShares Bitcoin Trust ETF $IBIT Holdings Boosted by Evergreen Capital Management LLC

Evergreen Capital Management LLC boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 93.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,392 shares of the company’s stock after purchasing an additional 31,084 shares during the period. Evergreen Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,197,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of IBIT. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at about $711,000. Bison Wealth LLC purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at about $3,140,000. Royal Bank of Canada grew its stake in iShares Bitcoin Trust ETF by 3.6% during the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after acquiring an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after acquiring an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in iShares Bitcoin Trust ETF during the 2nd quarter valued at about $357,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $42.51 on Wednesday. The company’s fifty day simple moving average is $39.63 and its 200-day simple moving average is $48.80. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82.

iShares Bitcoin Trust ETF 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.