Garden State Investment Advisory Services LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 18,150 shares of the company's stock, valued at approximately $656,000.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc acquired a new stake in iShares Bitcoin Trust in the second quarter valued at approximately $26,000. Asset Dedication LLC grew its stake in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after acquiring an additional 279 shares during the period. International Assets Investment Management LLC purchased a new stake in iShares Bitcoin Trust in the 2nd quarter worth $31,000. Hantz Financial Services Inc. acquired a new position in iShares Bitcoin Trust during the second quarter worth $36,000. Finally, West Financial Advisors LLC purchased a new position in iShares Bitcoin Trust during the third quarter valued at $40,000.
iShares Bitcoin Trust Stock Up 1.7 %
Shares of NASDAQ IBIT traded up $0.99 during trading on Friday, hitting $57.91. The company had a trading volume of 37,800,606 shares, compared to its average volume of 34,623,727. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $59.16. The stock has a fifty day simple moving average of $46.07 and a two-hundred day simple moving average of $39.18.
About iShares Bitcoin Trust
(
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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