10,218 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Bought by Black Diamond Financial LLC

Black Diamond Financial LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 10,218 shares of the company’s stock, valued at approximately $349,000.

Several other institutional investors have also added to or reduced their stakes in IBIT. Signal Advisors Wealth LLC purchased a new stake in shares of iShares Bitcoin Trust during the first quarter worth about $832,000. LexAurum Advisors LLC purchased a new stake in iShares Bitcoin Trust in the 1st quarter worth approximately $485,000. Salem Investment Counselors Inc. purchased a new stake in iShares Bitcoin Trust in the 1st quarter worth approximately $41,000. Catalyst Private Wealth LLC bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth approximately $212,000. Finally, Traynor Capital Management Inc. purchased a new position in shares of iShares Bitcoin Trust during the first quarter valued at approximately $3,666,000.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $34.04 on Monday. The business has a 50 day moving average of $34.51 and a 200 day moving average of $36.46. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week 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.