Independent Family Office LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 11,900 shares of the company's stock, valued at approximately $430,000.
Several other institutional investors and hedge funds have also bought and sold shares of IBIT. Garden State Investment Advisory Services LLC bought a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $656,000. Capstone Investment Advisors LLC bought a new position in iShares Bitcoin Trust during the third quarter worth about $11,507,000. Marathon Trading Investment Management LLC increased its position in iShares Bitcoin Trust by 238.4% during the third quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company's stock worth $2,804,000 after buying an additional 54,671 shares during the last quarter. Paragon Advisors LLC raised its stake in iShares Bitcoin Trust by 54.8% in the third quarter. Paragon Advisors LLC now owns 458,111 shares of the company's stock valued at $16,552,000 after buying an additional 162,178 shares during the period. Finally, Private Advisor Group LLC lifted its position in shares of iShares Bitcoin Trust by 117.9% in the third quarter. Private Advisor Group LLC now owns 335,820 shares of the company's stock valued at $12,133,000 after buying an additional 181,700 shares during the last quarter.
iShares Bitcoin Trust Stock Down 0.0 %
Shares of IBIT stock traded down $0.02 during trading on Tuesday, reaching $54.46. 38,855,332 shares of the company's stock were exchanged, compared to its average volume of 33,951,875. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $56.86. The firm's fifty day moving average price is $43.18 and its 200-day moving average price is $38.33.
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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