Good Life Advisors LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,805 shares of the company's stock, valued at approximately $520,000.
A number of other institutional investors and hedge funds have also bought and sold shares of IBIT. Global Retirement Partners LLC grew its position in shares of iShares Bitcoin Trust by 78.8% in the 4th quarter. Global Retirement Partners LLC now owns 180,284 shares of the company's stock valued at $9,564,000 after buying an additional 79,467 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter worth approximately $1,222,000. Kestra Investment Management LLC bought a new stake in iShares Bitcoin Trust in the fourth quarter valued at approximately $110,000. Atria Wealth Solutions Inc. acquired a new stake in iShares Bitcoin Trust during the 4th quarter valued at approximately $724,000. Finally, Empower Advisory Group LLC increased its position in iShares Bitcoin Trust by 32.4% during the 4th quarter. Empower Advisory Group LLC now owns 42,015 shares of the company's stock valued at $2,229,000 after purchasing an additional 10,285 shares during the period.
iShares Bitcoin Trust Stock Down 3.7 %
Shares of NASDAQ IBIT traded down $2.10 during midday trading on Friday, reaching $53.94. The stock had a trading volume of 48,220,002 shares, compared to its average volume of 42,849,086. The company's 50 day moving average price is $56.15 and its 200 day moving average price is $45.91. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.
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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