Concurrent Investment Advisors LLC grew its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 859.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 90,593 shares of the company's stock after purchasing an additional 81,146 shares during the quarter. Concurrent Investment Advisors LLC's holdings in iShares Bitcoin Trust were worth $4,806,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Advyzon Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $938,000. Corps Capital Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $1,015,000. Ieq Capital LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $252,000. SNS Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $323,000. Finally, Good Life Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $520,000.
iShares Bitcoin Trust Trading Down 3.7 %
Shares of IBIT traded down $2.10 during trading hours on Friday, hitting $53.94. 48,220,002 shares of the stock traded hands, compared to its average volume of 42,849,086. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business has a fifty day moving average of $56.15 and a 200-day moving average of $45.91.
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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