Moors & Cabot Inc. lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 13.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 134,009 shares of the company's stock after acquiring an additional 16,141 shares during the period. Moors & Cabot Inc.'s holdings in iShares Bitcoin Trust were worth $7,109,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of IBIT. Vienna Asset Management LLC grew its position in iShares Bitcoin Trust by 131.6% in the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company's stock valued at $963,000 after buying an additional 15,137 shares in the last quarter. Garden State Investment Advisory Services LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter valued at about $656,000. Andina Capital Management LLC grew its position in iShares Bitcoin Trust by 131.0% in the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock valued at $910,000 after buying an additional 9,728 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in iShares Bitcoin Trust by 32.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock valued at $1,357,000 after buying an additional 9,266 shares in the last quarter. Finally, Mutual Advisors LLC grew its position in iShares Bitcoin Trust by 65.8% in the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock valued at $8,967,000 after buying an additional 62,338 shares in the last quarter.
iShares Bitcoin Trust Price Performance
Shares of NASDAQ IBIT opened at $47.24 on Wednesday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The firm has a 50-day moving average of $54.49 and a two-hundred day moving average of $47.53.
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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