JBF Capital Inc. lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 18.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 247,000 shares of the company's stock after purchasing an additional 39,000 shares during the quarter. iShares Bitcoin Trust accounts for 2.2% of JBF Capital Inc.'s investment portfolio, making the stock its 5th largest holding. JBF Capital Inc.'s holdings in iShares Bitcoin Trust were worth $13,103,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Stephens Consulting LLC boosted its position in 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. AlphaMark Advisors LLC grew its stake in iShares Bitcoin Trust by 8.9% during the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock valued at $130,000 after acquiring an additional 200 shares in the last quarter. Pathway Financial Advisers LLC increased its holdings in shares of iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after purchasing an additional 230 shares during the period. SouthState Corp boosted its position in shares of iShares Bitcoin Trust by 5.5% during the 4th quarter. SouthState Corp now owns 4,411 shares of the company's stock valued at $234,000 after acquiring an additional 230 shares during the last quarter. Finally, Mosley Wealth Management grew its stake in iShares Bitcoin Trust by 2.5% in 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 in the last quarter.
iShares Bitcoin Trust Trading Up 0.6 %
NASDAQ IBIT traded up $0.30 during trading hours on Friday, reaching $48.26. 23,726,023 shares of the stock traded hands, compared to its average volume of 45,494,238. The stock has a 50 day simple moving average of $49.02 and a two-hundred day simple moving average of $49.97. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.
iShares Bitcoin Trust Company Profile
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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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