Vienna Asset Management LLC lifted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 131.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,642 shares of the company's stock after buying an additional 15,137 shares during the period. iShares Bitcoin Trust comprises 0.7% of Vienna Asset Management LLC's investment portfolio, making the stock its 27th biggest holding. Vienna Asset Management LLC's holdings in iShares Bitcoin Trust were worth $963,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Glass Jacobson Investment Advisors llc purchased a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth approximately $26,000. Asset Dedication LLC grew its holdings in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock worth $29,000 after acquiring an additional 279 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth approximately $31,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth approximately $36,000. Finally, SOA Wealth Advisors LLC. acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth approximately $40,000.
iShares Bitcoin Trust Stock Performance
Shares of IBIT traded up $1.40 on Friday, reaching $57.80. The stock had a trading volume of 49,583,570 shares, compared to its average volume of 34,372,824. The firm has a 50-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.
Further Reading
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
