IHT Wealth Management LLC raised its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 134.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 76,400 shares of the company's stock after acquiring an additional 43,804 shares during the quarter. IHT Wealth Management LLC's holdings in iShares Bitcoin Trust were worth $2,722,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in IBIT. Garden State Investment Advisory Services LLC bought a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth approximately $656,000. Capstone Investment Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the third quarter worth $11,507,000. Marathon Trading Investment Management LLC lifted its holdings in shares of iShares Bitcoin Trust by 238.4% during the 3rd quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company's stock valued at $2,804,000 after purchasing an additional 54,671 shares during the last quarter. Paragon Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 54.8% in the 3rd quarter. Paragon Advisors LLC now owns 458,111 shares of the company's stock worth $16,552,000 after purchasing an additional 162,178 shares in the last quarter. Finally, Private Advisor Group LLC grew its stake in iShares Bitcoin Trust by 117.9% during the 3rd quarter. Private Advisor Group LLC now owns 335,820 shares of the company's stock worth $12,133,000 after buying an additional 181,700 shares during the last quarter.
iShares Bitcoin Trust Trading Down 0.0 %
NASDAQ:IBIT traded down $0.02 during mid-day trading on Thursday, hitting $56.40. 87,581,867 shares of the company's stock traded hands, compared to its average volume of 34,297,598. The company has a fifty day moving average of $43.98 and a 200 day moving average of $38.58. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $59.16.
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.
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