SAM Advisors LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,193 shares of the company's stock, valued at approximately $441,000.
Several other large investors have also modified their holdings of IBIT. CloudAlpha Capital Management Limited Hong Kong purchased a new position in iShares Bitcoin Trust in the third quarter worth $19,149,000. Empower Advisory Group LLC increased its position in shares of iShares Bitcoin Trust by 9.7% in the third quarter. Empower Advisory Group LLC now owns 31,730 shares of the company's stock valued at $1,146,000 after buying an additional 2,799 shares in the last quarter. Aptus Capital Advisors LLC increased its position in shares of iShares Bitcoin Trust by 53.8% in the third quarter. Aptus Capital Advisors LLC now owns 14,537 shares of the company's stock valued at $525,000 after buying an additional 5,083 shares in the last quarter. Commonwealth Retirement Investments LLC increased its position in shares of iShares Bitcoin Trust by 83.3% in the third quarter. Commonwealth Retirement Investments LLC now owns 11,000 shares of the company's stock valued at $397,000 after buying an additional 5,000 shares in the last quarter. Finally, Fountainhead AM LLC increased its position in shares of iShares Bitcoin Trust by 8.9% in the third quarter. Fountainhead AM LLC now owns 43,277 shares of the company's stock valued at $1,564,000 after buying an additional 3,531 shares in the last quarter.
iShares Bitcoin Trust Trading Down 2.6 %
Shares of IBIT stock traded down $1.31 during mid-day trading on Thursday, reaching $49.73. The stock had a trading volume of 58,674,328 shares, compared to its average volume of 32,381,518. iShares Bitcoin Trust has a 12-month low of $22.02 and a 12-month high of $53.26. The business has a 50-day simple moving average of $37.60 and a 200 day simple moving average of $36.53.
iShares Bitcoin Trust Company 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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