J. Safra Sarasin Holding AG acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,548 shares of the company's stock, valued at approximately $1,037,000.
Other large investors also recently made changes to their positions in the company. Stephens Consulting LLC grew its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after buying an additional 189 shares during the last quarter. AlphaMark Advisors LLC lifted its holdings 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 purchasing an additional 200 shares during the last quarter. Pathway Financial Advisers LLC boosted its stake 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 period. SouthState Corp grew its holdings in iShares Bitcoin Trust by 5.5% in the 4th quarter. SouthState Corp now owns 4,411 shares of the company's stock valued at $234,000 after buying an additional 230 shares in the last quarter. Finally, Mosley Wealth Management increased its position in iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company's stock worth $496,000 after buying an additional 231 shares during the period.
iShares Bitcoin Trust Trading Up 1.9 %
Shares of iShares Bitcoin Trust stock traded up $1.01 during trading on Friday, reaching $54.27. The company's stock had a trading volume of 48,008,306 shares, compared to its average volume of 46,148,855. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The business's 50-day moving average price is $48.77 and its 200-day moving average price is $50.44.
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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