Vista Finance LLC Buys Shares of 31,720 iShares Bitcoin Trust (NASDAQ:IBIT)

Vista Finance LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 2nd quarter, HoldingsChannel reports. The firm purchased 31,720 shares of the company’s stock, valued at approximately $1,083,000. iShares Bitcoin Trust accounts for about 1.7% of Vista Finance LLC’s holdings, making the stock its 14th largest holding.

A number of other institutional investors have also made changes to their positions in IBIT. FinTrust Capital Advisors LLC bought a new stake in iShares Bitcoin Trust during the 1st quarter worth about $26,000. Sound Income Strategies LLC bought a new stake in shares of iShares Bitcoin Trust during the 1st quarter worth about $30,000. Creekmur Asset Management LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at $30,000. International Assets Investment Management LLC bought a new position in iShares Bitcoin Trust during the 2nd quarter worth $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Bitcoin Trust in the second quarter worth $36,000.

iShares Bitcoin Trust Stock Up 3.3 %

Shares of IBIT stock opened at $31.42 on Monday. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The stock’s fifty day moving average price is $34.65 and its two-hundred day moving average price is $36.40.

About iShares Bitcoin Trust

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.