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CWA Asset Management Group LLC Takes $3.28 Million Position in iShares Bitcoin Trust (NASDAQ:IBIT)

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

CWA Asset Management Group LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 90,681 shares of the company's stock, valued at approximately $3,276,000.

Several other large investors have also made changes to their positions in IBIT. Asset Dedication LLC grew its stake in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company's stock worth $29,000 after buying an additional 279 shares during the last quarter. Bfsg LLC increased its holdings in iShares Bitcoin Trust by 34.7% during the 2nd quarter. Bfsg LLC now owns 1,360 shares of the company's stock valued at $46,000 after purchasing an additional 350 shares in the last quarter. Doliver Advisors LP raised its position in iShares Bitcoin Trust by 4.9% in the 3rd quarter. Doliver Advisors LP now owns 7,558 shares of the company's stock valued at $273,000 after purchasing an additional 350 shares during the last quarter. Summit Global Investments boosted its stake in iShares Bitcoin Trust by 3.3% in the third quarter. Summit Global Investments now owns 11,214 shares of the company's stock worth $405,000 after purchasing an additional 355 shares in the last quarter. Finally, Cedar Mountain Advisors LLC grew its holdings in shares of iShares Bitcoin Trust by 39.1% during the second quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company's stock worth $46,000 after purchasing an additional 383 shares during the last quarter.

iShares Bitcoin Trust Trading Up 0.2 %

Shares of IBIT traded up $0.09 during trading hours on Friday, hitting $43.69. 44,183,719 shares of the stock traded hands, compared to its average volume of 31,394,033. The business has a fifty day moving average of $36.55 and a 200-day moving average of $36.23. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $44.09.

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

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