Barclays PLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,473,064 shares of the company's stock, valued at approximately $131,196,000. Barclays PLC owned 0.38% of iShares Bitcoin Trust at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stephens Consulting LLC lifted its position in shares of 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 during the last quarter. AlphaMark Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 8.9% during the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after purchasing an additional 200 shares during the last quarter. Pathway Financial Advisers LLC lifted its position in iShares Bitcoin Trust by 52.9% during the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock valued at $35,000 after purchasing an additional 230 shares during the period. SouthState Corp boosted its holdings in iShares Bitcoin Trust by 5.5% in the fourth quarter. SouthState Corp now owns 4,411 shares of the company's stock valued at $234,000 after purchasing an additional 230 shares during the last quarter. Finally, Mosley Wealth Management grew its position in iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company's stock worth $496,000 after purchasing an additional 231 shares during the period.
iShares Bitcoin Trust Stock Performance
Shares of IBIT stock traded up $0.30 on Friday, hitting $48.26. The company had a trading volume of 23,726,023 shares, compared to its average volume of 45,494,238. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The company has a 50-day moving average price of $49.02 and a 200-day moving average price of $49.97.
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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