Plancorp LLC Makes New Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

Plancorp LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,171 shares of the company’s stock, valued at approximately $211,000.

Several other institutional investors and hedge funds have also recently modified their holdings of IBIT. FinTrust Capital Advisors LLC acquired a new stake in iShares Bitcoin Trust during the first quarter worth about $26,000. Creekmur Asset Management LLC purchased a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at approximately $30,000. Sound Income Strategies LLC acquired a new stake in shares of iShares Bitcoin Trust during the 1st quarter worth approximately $30,000. International Assets Investment Management LLC purchased a new stake in shares of iShares Bitcoin Trust during the 2nd quarter valued at approximately $31,000. Finally, Hazlett Burt & Watson Inc. acquired a new position in iShares Bitcoin Trust in the first quarter valued at approximately $40,000.

iShares Bitcoin Trust Price Performance

IBIT stock opened at $34.10 on Wednesday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The business has a fifty day moving average of $34.55 and a two-hundred day moving average of $36.43.

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.