ClearAlpha Technologies LP acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 31,500 shares of the company's stock, valued at approximately $1,671,000. iShares Bitcoin Trust comprises about 1.1% of ClearAlpha Technologies LP's portfolio, making the stock its 22nd biggest position.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Union Savings Bank purchased a new position in iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. Vision Financial Markets LLC bought a new position in iShares Bitcoin Trust in the fourth quarter valued at $25,000. City Holding Co. raised its position in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its stake in iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
NASDAQ:IBIT traded up $1.16 during mid-day trading on Wednesday, reaching $53.24. The stock had a trading volume of 60,700,653 shares, compared to its average volume of 46,353,492. The firm has a 50 day moving average price of $48.85 and a two-hundred day moving average price of $50.30. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.
iShares Bitcoin Trust 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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