23,845 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 23,845 shares of the company’s stock, valued at approximately $965,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in IBIT. EP Wealth Advisors LLC purchased a new position in shares of iShares Bitcoin Trust during the 1st quarter worth $343,000. Freestone Capital Holdings LLC acquired a new position in iShares Bitcoin Trust in the first quarter valued at about $302,000. Sax Wealth Advisors LLC purchased a new position in iShares Bitcoin Trust during the first quarter worth about $227,000. Titan Global Capital Management USA LLC acquired a new stake in shares of iShares Bitcoin Trust during the first quarter valued at about $65,558,000. Finally, InterOcean Capital Group LLC purchased a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at approximately $205,000.

iShares Bitcoin Trust Trading Up 5.3 %

Shares of NASDAQ IBIT traded up $1.96 during trading on Friday, reaching $38.79. The stock had a trading volume of 28,761,229 shares, compared to its average volume of 31,493,301. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The stock has a 50-day moving average price of $37.00.

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.