Allworth Financial LP increased its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 34.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,459 shares of the company's stock after acquiring an additional 6,460 shares during the period. Allworth Financial LP's holdings in iShares Bitcoin Trust were worth $1,351,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth approximately $25,000. City Holding Co. lifted 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 buying an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its position in iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after buying an additional 189 shares in the last quarter. Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after buying an additional 302 shares in the last quarter. Finally, Beacon Capital Management LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $28,000.
iShares Bitcoin Trust Trading Down 3.7 %
IBIT stock traded down $2.10 during midday trading on Friday, reaching $53.94. 48,220,002 shares of the company's stock traded hands, compared to its average volume of 42,849,086. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The business 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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