Deltec Asset Management LLC grew its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 2.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 248,544 shares of the company's stock after purchasing an additional 5,769 shares during the period. iShares Bitcoin Trust comprises 2.6% of Deltec Asset Management LLC's portfolio, making the stock its 11th largest holding. Deltec Asset Management LLC's holdings in iShares Bitcoin Trust were worth $13,185,000 as of its most recent SEC filing.
A number of other hedge funds have also made changes to their positions in IBIT. Stratos Wealth Advisors LLC lifted its position in shares of iShares Bitcoin Trust by 58.9% in the fourth quarter. Stratos Wealth Advisors LLC now owns 10,582 shares of the company's stock worth $561,000 after buying an additional 3,923 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in iShares Bitcoin Trust by 53.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 24,403 shares of the company's stock worth $1,295,000 after purchasing an additional 8,535 shares during the last quarter. Stephens Consulting LLC lifted its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Pennsylvania Capital Management Inc. ADV bought a new stake in iShares Bitcoin Trust during the fourth quarter worth approximately $642,000. Finally, Sloy Dahl & Holst LLC grew its holdings in iShares Bitcoin Trust by 11.4% during the fourth quarter. Sloy Dahl & Holst LLC now owns 17,891 shares of the company's stock valued at $949,000 after purchasing an additional 1,835 shares during the last quarter.
iShares Bitcoin Trust Price Performance
Shares of iShares Bitcoin Trust stock traded down $0.80 on Wednesday, reaching $55.33. The stock had a trading volume of 24,411,486 shares, compared to its average volume of 48,282,727. The business's 50-day moving average price is $56.35 and its two-hundred day moving average price is $44.55. iShares Bitcoin Trust has a fifty-two week low of $24.45 and a fifty-two week high of $61.75.
iShares Bitcoin Trust Company 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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