Financial Futures Ltd Liability Co. Acquires 19,960 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Financial Futures Ltd Liability Co. raised its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 58.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 53,875 shares of the company’s stock after purchasing an additional 19,960 shares during the quarter. iShares Bitcoin Trust accounts for 1.1% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its 23rd largest position. Financial Futures Ltd Liability Co.’s holdings in iShares Bitcoin Trust were worth $1,839,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Bfsg LLC lifted its stake in iShares Bitcoin Trust by 34.7% in the second quarter. Bfsg LLC now owns 1,360 shares of the company’s stock valued at $46,000 after purchasing an additional 350 shares during the last quarter. Cedar Mountain Advisors LLC grew its holdings in iShares Bitcoin Trust by 39.1% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company’s stock valued at $46,000 after buying an additional 383 shares in the last quarter. Csenge Advisory Group increased its position in shares of iShares Bitcoin Trust by 3.0% during the second quarter. Csenge Advisory Group now owns 14,477 shares of the company’s stock valued at $494,000 after buying an additional 423 shares during the period. Masso Torrence Wealth Management Inc. lifted its holdings in shares of iShares Bitcoin Trust by 5.3% in the second quarter. Masso Torrence Wealth Management Inc. now owns 8,662 shares of the company’s stock worth $296,000 after buying an additional 435 shares in the last quarter. Finally, Burkett Financial Services LLC grew its position in shares of iShares Bitcoin Trust by 94.0% during the 2nd quarter. Burkett Financial Services LLC now owns 1,168 shares of the company’s stock valued at $40,000 after purchasing an additional 566 shares in the last quarter.

iShares Bitcoin Trust Trading Up 2.9 %

Shares of IBIT stock opened at $31.29 on Monday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The business’s fifty day moving average is $34.65 and its 200 day moving average is $36.40.

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.