Gemmer Asset Management LLC Has $674,000 Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Gemmer Asset Management LLC grew its stake in iShares Bitcoin Trust (NASDAQ:IBITFree Report) by 11.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,648 shares of the company’s stock after purchasing an additional 1,987 shares during the quarter. Gemmer Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $674,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Private Advisor Group LLC increased its position in shares of iShares Bitcoin Trust by 117.9% in the 3rd quarter. Private Advisor Group LLC now owns 335,820 shares of the company’s stock valued at $12,133,000 after buying an additional 181,700 shares in the last quarter. Kingsview Wealth Management LLC bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at $1,403,000. Financial Sense Advisors Inc. bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at $1,278,000. Axxcess Wealth Management LLC bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at $965,000. Finally, Pachira Investments Inc. bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at $1,214,000.

iShares Bitcoin Trust Stock Performance

IBIT opened at $39.26 on Monday. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $41.99. The company has a fifty day simple moving average of $35.27 and a 200 day simple moving average of $35.98.

iShares Bitcoin Trust Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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