Edmond DE Rothschild Holding S.A. raised its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 7.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 118,440 shares of the company's stock after buying an additional 8,210 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in iShares Bitcoin Trust were worth $6,283,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the business. Union Savings Bank acquired a new position in iShares Bitcoin Trust in the 4th quarter valued at approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at approximately $25,000. City Holding Co. raised its stake in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its position in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC boosted its stake in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after buying an additional 302 shares in the last quarter.
iShares Bitcoin Trust Trading Up 2.0 %
Shares of IBIT stock traded up $0.93 during mid-day trading on Friday, reaching $47.50. The company's stock had a trading volume of 31,337,791 shares, compared to its average volume of 44,141,055. The firm's 50-day moving average is $51.69 and its two-hundred day moving average is $49.08. 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.
See Also
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for April 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
