Canal Capital Management LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,135 shares of the company's stock, valued at approximately $485,000.
Other large investors also recently modified their holdings of the company. J. Safra Sarasin Holding AG bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at approximately $1,037,000. Stifel Financial Corp bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at $332,000. OneDigital Investment Advisors LLC lifted its stake in iShares Bitcoin Trust by 54.1% in the 4th quarter. OneDigital Investment Advisors LLC now owns 14,536 shares of the company's stock worth $771,000 after purchasing an additional 5,102 shares in the last quarter. SkyBridge Capital II LLC bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $9,417,000. Finally, Tradition Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at about $330,000.
iShares Bitcoin Trust Trading Up 2.2 %
Shares of IBIT stock traded up $1.16 during trading hours on Wednesday, hitting $53.24. The stock had a trading volume of 60,700,653 shares, compared to its average volume of 46,353,492. The stock's 50-day moving average price is $48.85 and its two-hundred day moving average price is $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
(
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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