Fiduciary Planning LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,956 shares of the company's stock, valued at approximately $793,000.
A number of other institutional investors have also recently bought and sold shares of the company. Renaissance Technologies LLC acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth $505,000. Thrivent Financial for Lutherans increased its position in iShares Bitcoin Trust by 12.7% during the second quarter. Thrivent Financial for Lutherans now owns 15,505 shares of the company's stock worth $529,000 after buying an additional 1,748 shares during the last quarter. NewEdge Advisors LLC increased its position in iShares Bitcoin Trust by 40.7% during the second quarter. NewEdge Advisors LLC now owns 37,227 shares of the company's stock worth $1,271,000 after buying an additional 10,762 shares during the last quarter. Truist Financial Corp raised its holdings in iShares Bitcoin Trust by 17.2% during the second quarter. Truist Financial Corp now owns 9,801 shares of the company's stock valued at $335,000 after buying an additional 1,436 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust in the second quarter worth about $392,000.
iShares Bitcoin Trust Stock Performance
Shares of IBIT traded down $0.80 during trading hours on Wednesday, hitting $55.33. 24,411,486 shares of the company were exchanged, compared to its average volume of 48,282,727. The firm's 50 day moving average is $56.35 and its 200-day moving average is $44.55. iShares Bitcoin Trust has a 52 week low of $24.45 and a 52 week high of $61.75.
iShares Bitcoin Trust Company Profile
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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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