Ackerman Capital Advisors LLC Has $645,000 Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Ackerman Capital Advisors LLC raised its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 3.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 17,852 shares of the company’s stock after purchasing an additional 579 shares during the period. Ackerman Capital Advisors LLC’s holdings in iShares Bitcoin Trust were worth $645,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. FinTrust Capital Advisors LLC acquired a new position in iShares Bitcoin Trust in the first quarter valued at approximately $26,000. Creekmur Asset Management LLC acquired a new position in shares of iShares Bitcoin Trust during the 1st quarter valued at $30,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter valued at $26,000. Asset Dedication LLC boosted its stake in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in iShares Bitcoin Trust in the second quarter worth $31,000.

iShares Bitcoin Trust Stock Down 2.2 %

IBIT opened at $38.01 on Friday. The company has a fifty day moving average price of $35.27 and a two-hundred day moving average price of $35.98. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $41.99.

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.