Strategic Financial Concepts LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 37,517 shares of the company's stock, valued at approximately $1,990,000.
A number of other institutional investors also recently made changes to their positions in IBIT. Creative Planning raised its holdings 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 worth $6,724,000 after acquiring an additional 1,632 shares during the last quarter. NBC Securities Inc. acquired a new position in shares of iShares Bitcoin Trust in the third quarter worth $89,000. Stratos Wealth Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter worth $241,000. Narus Financial Partners LLC raised its holdings in shares of iShares Bitcoin Trust by 21.4% in the third quarter. Narus Financial Partners LLC now owns 9,633 shares of the company's stock worth $348,000 after acquiring an additional 1,699 shares during the last quarter. Finally, Genesee Capital Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 0.9% in the third quarter. Genesee Capital Advisors LLC now owns 46,688 shares of the company's stock worth $1,687,000 after acquiring an additional 410 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of NASDAQ IBIT traded down $2.10 during trading on Friday, reaching $53.94. The company had a trading volume of 48,220,002 shares, compared to its average volume of 42,849,086. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The stock has a 50-day moving average price of $56.15 and a two-hundred day moving average price of $45.91.
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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