Empowered Funds LLC cut its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 7.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,619 shares of the company's stock after selling 4,981 shares during the quarter. Empowered Funds LLC's holdings in iShares Bitcoin Trust were worth $3,110,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Vienna Asset Management LLC boosted 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 in the last quarter. Garden State Investment Advisory Services LLC bought a new position in iShares Bitcoin Trust in the third quarter valued at about $656,000. Andina Capital Management LLC raised its position in iShares Bitcoin Trust by 131.0% in the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock valued at $910,000 after purchasing an additional 9,728 shares during the last quarter. B. Riley Wealth Advisors Inc. raised its position in iShares Bitcoin Trust by 32.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock valued at $1,357,000 after purchasing an additional 9,266 shares during the last quarter. Finally, Mutual Advisors LLC raised its position in 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 last quarter.
iShares Bitcoin Trust Price Performance
iShares Bitcoin Trust stock traded up $0.59 during trading hours on Monday, hitting $55.33. The stock had a trading volume of 27,383,704 shares, compared to its average volume of 43,851,234. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The business's 50 day simple moving average is $56.25 and its 200-day simple moving average is $45.51.
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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