iShares Bitcoin Trust (NASDAQ:IBIT - Get Free Report)'s share price traded up 0.3% on Wednesday . The stock traded as high as $44.45 and last traded at $43.74. 19,903,109 shares were traded during mid-day trading, a decline of 56% from the average session volume of 45,453,617 shares. The stock had previously closed at $43.59.
iShares Bitcoin Trust Stock Up 5.5 %
The stock has a 50 day simple moving average of $49.70 and a 200-day simple moving average of $49.66.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in IBIT. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust during the fourth quarter worth $25,000. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $25,000. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC increased its holdings in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC lifted its position in shares of iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after buying an additional 302 shares in the last quarter.
iShares Bitcoin Trust Company Profile
(
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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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