iShares Bitcoin Trust (NASDAQ:IBIT - Get Free Report) traded up 4.2% on Tuesday . The company traded as high as $51.85 and last traded at $51.82. 30,519,457 shares were traded during trading, a decline of 33% from the average session volume of 45,388,801 shares. The stock had previously closed at $49.72.
iShares Bitcoin Trust Stock Up 4.6 %
The firm has a 50 day moving average price of $48.91 and a two-hundred day moving average price of $50.29.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Stephens Consulting LLC lifted its holdings in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. AlphaMark Advisors LLC grew its position in iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after acquiring an additional 200 shares during the last quarter. Barrett & Company Inc. increased its holdings in iShares Bitcoin Trust by 7.3% during the 1st quarter. Barrett & Company Inc. now owns 2,955 shares of the company's stock valued at $138,000 after purchasing an additional 200 shares in the last quarter. Pathway Financial Advisers LLC raised its position in iShares Bitcoin Trust by 52.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock valued at $35,000 after purchasing an additional 230 shares during the last quarter. Finally, SouthState Corp grew its holdings in shares of iShares Bitcoin Trust by 5.5% during the fourth quarter. SouthState Corp now owns 4,411 shares of the company's stock worth $234,000 after purchasing an additional 230 shares during the last quarter.
About iShares Bitcoin Trust
(
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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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