Generation Capital Management LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,895 shares of the company's stock, valued at approximately $1,002,000.
Several other institutional investors have also recently added to or reduced their stakes in IBIT. Orion Portfolio Solutions LLC lifted its stake in iShares Bitcoin Trust by 9.4% in the third quarter. Orion Portfolio Solutions LLC now owns 8,101 shares of the company's stock valued at $293,000 after buying an additional 694 shares during the last quarter. SOA Wealth Advisors LLC. raised its holdings in shares of iShares Bitcoin Trust by 38.5% in the third quarter. SOA Wealth Advisors LLC. now owns 1,619 shares of the company's stock valued at $58,000 after buying an additional 450 shares during the last quarter. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of iShares Bitcoin Trust during the third quarter worth about $353,000. World Investment Advisors LLC grew its holdings in shares of iShares Bitcoin Trust by 31.1% during the third quarter. World Investment Advisors LLC now owns 11,888 shares of the company's stock worth $430,000 after buying an additional 2,823 shares during the last quarter. Finally, Tidal Investments LLC lifted its position in iShares Bitcoin Trust by 12.4% during the 3rd quarter. Tidal Investments LLC now owns 228,354 shares of the company's stock worth $8,250,000 after acquiring an additional 25,232 shares during the period.
iShares Bitcoin Trust Trading Up 4.0 %
Shares of NASDAQ:IBIT traded up $1.99 during trading on Tuesday, reaching $51.71. The company had a trading volume of 50,407,583 shares, compared to its average volume of 45,702,406. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The stock's fifty day moving average price is $48.91 and its 200 day moving average price is $50.29.
iShares Bitcoin Trust 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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