NTV Asset Management LLC boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 40.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,618 shares of the company's stock after acquiring an additional 59,129 shares during the period. iShares Bitcoin Trust comprises about 1.4% of NTV Asset Management LLC's portfolio, making the stock its 11th largest position. NTV Asset Management LLC's holdings in iShares Bitcoin Trust were worth $10,961,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sanctuary Advisors LLC grew its holdings in iShares Bitcoin Trust by 82.5% during the 4th quarter. Sanctuary Advisors LLC now owns 162,061 shares of the company's stock worth $8,597,000 after acquiring an additional 73,250 shares in the last quarter. Total Investment Management Inc. purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at about $3,518,000. Americana Partners LLC lifted its position in shares of iShares Bitcoin Trust by 7.2% during the fourth quarter. Americana Partners LLC now owns 15,158 shares of the company's stock valued at $804,000 after buying an additional 1,020 shares during the last quarter. Pure Portfolios Holdings LLC lifted its position in shares of iShares Bitcoin Trust by 2.9% during the fourth quarter. Pure Portfolios Holdings LLC now owns 74,578 shares of the company's stock valued at $3,956,000 after buying an additional 2,125 shares during the last quarter. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at about $575,000.
iShares Bitcoin Trust Stock Performance
Shares of IBIT stock traded up $1.34 during mid-day trading on Thursday, hitting $55.99. 25,601,669 shares of the stock traded hands, compared to its average volume of 42,681,863. The stock's fifty day moving average is $56.15 and its two-hundred day moving average is $45.91. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.
About iShares Bitcoin Trust
(
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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