Free Trial

Ashton Thomas Private Wealth LLC Makes New Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance, Insurance, And Real Estate background
Remove Ads

Ashton Thomas Private Wealth LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 8,325 shares of the company's stock, valued at approximately $442,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of IBIT. Proficio Capital Partners LLC increased its holdings in iShares Bitcoin Trust by 6,401.8% during the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock valued at $246,430,000 after buying an additional 4,573,794 shares during the last quarter. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth $19,149,000. LMR Partners LLP raised its holdings in iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company's stock worth $22,762,000 after purchasing an additional 490,000 shares during the period. Finally, Verde Servicos Internacionais S.A. lifted its position in iShares Bitcoin Trust by 3,525.8% during the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock valued at $23,082,000 after purchasing an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT traded down $1.63 during midday trading on Thursday, reaching $45.52. The company had a trading volume of 41,538,485 shares, compared to its average volume of 48,323,480. The business has a 50-day moving average of $54.18 and a two-hundred day moving average of $47.51. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.

Remove Ads

iShares Bitcoin Trust Profile

(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.

Recommended Stories

Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

Should You Invest $1,000 in iShares Bitcoin Trust Right Now?

Before you consider iShares Bitcoin Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.

While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last
Best ETFs for Spring 2025: Strong and Steady Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads