J.W. Cole Advisors Inc. acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,838 shares of the company's stock, valued at approximately $575,000.
A number of other institutional investors also recently made changes to their positions in the company. Creative Planning boosted its position in shares of iShares Bitcoin Trust by 0.9% in the third quarter. Creative Planning now owns 186,104 shares of the company's stock valued at $6,724,000 after acquiring an additional 1,632 shares during the period. Stratos Wealth Advisors LLC acquired a new stake in iShares Bitcoin Trust in the 3rd quarter worth about $241,000. Venture Visionary Partners LLC bought a new stake in iShares Bitcoin Trust in the 3rd quarter valued at about $350,000. Sequoia Financial Advisors LLC boosted its holdings in iShares Bitcoin Trust by 46.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 31,024 shares of the company's stock valued at $1,121,000 after purchasing an additional 9,902 shares during the period. Finally, Private Advisor Group LLC grew its position in shares of iShares Bitcoin Trust by 117.9% during the 3rd quarter. Private Advisor Group LLC now owns 335,820 shares of the company's stock worth $12,133,000 after purchasing an additional 181,700 shares in the last quarter.
iShares Bitcoin Trust Stock Down 3.1 %
Shares of NASDAQ IBIT traded down $1.73 during midday trading on Friday, reaching $54.31. The company's stock had a trading volume of 32,287,126 shares, compared to its average volume of 42,317,012. The business's 50 day moving average price is $56.15 and its two-hundred day moving average price is $45.91. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
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.
Featured Stories
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
