iShares Bitcoin Trust (NASDAQ:IBIT - Get Free Report)'s stock price traded up 0.3% on Tuesday . The company traded as high as $56.00 and last traded at $54.90. 13,010,513 shares were traded during mid-day trading, a decline of 62% from the average session volume of 34,358,430 shares. The stock had previously closed at $54.73.
iShares Bitcoin Trust Stock Down 0.3 %
The business's 50 day moving average price is $44.76 and its two-hundred day moving average price is $38.81.
Institutional Investors Weigh In On iShares Bitcoin Trust
A number of institutional investors have recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc bought a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth $26,000. Asset Dedication LLC lifted its holdings in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after acquiring an additional 279 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of iShares Bitcoin Trust in the second quarter valued at $31,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter valued at $36,000. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter worth $40,000.
iShares Bitcoin Trust Company Profile
(
Get 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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