Colony Family Offices LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,545 shares of the company's stock, valued at approximately $559,000.
Several other institutional investors also recently modified their holdings of IBIT. Vienna Asset Management LLC lifted its stake in iShares Bitcoin Trust by 131.6% in the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company's stock valued at $963,000 after buying an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC acquired a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $656,000. Andina Capital Management LLC raised its position in shares of iShares Bitcoin Trust by 131.0% in the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock valued at $910,000 after acquiring an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. boosted its stake in iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock worth $1,357,000 after acquiring an additional 9,266 shares during the last quarter. Finally, Mutual Advisors LLC grew its holdings in iShares Bitcoin Trust by 65.8% during 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.
iShares Bitcoin Trust Trading Down 3.5 %
IBIT traded down $1.73 during mid-day trading on Friday, hitting $47.71. The stock had a trading volume of 27,751,083 shares, compared to its average volume of 45,038,250. The stock's fifty day simple moving average is $52.88 and its 200-day simple moving average is $48.57. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75.
iShares Bitcoin Trust Company 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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