Cerity Partners LLC raised its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 82.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 342,999 shares of the company's stock after purchasing an additional 154,494 shares during the quarter. Cerity Partners LLC owned about 0.05% of iShares Bitcoin Trust worth $18,196,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Andina Capital Management LLC lifted its position in iShares Bitcoin Trust by 131.0% during the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock worth $910,000 after acquiring an additional 9,728 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock worth $1,357,000 after purchasing an additional 9,266 shares in the last quarter. Mutual Advisors LLC boosted its stake in shares of iShares Bitcoin Trust by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock valued at $8,967,000 after purchasing an additional 62,338 shares during the period. Garden State Investment Advisory Services LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter valued at $656,000. Finally, Stordahl Capital Management Inc. purchased a new stake in iShares Bitcoin Trust during the 4th quarter worth $253,000.
iShares Bitcoin Trust Stock Performance
NASDAQ:IBIT traded up $0.95 on Monday, reaching $48.62. The stock had a trading volume of 12,254,932 shares, compared to its average volume of 46,056,699. The company has a 50-day moving average of $49.70 and a 200 day moving average of $49.75. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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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