Kovitz Investment Group Partners LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,570 shares of the company's stock, valued at approximately $526,000.
Other large investors also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc acquired a new position in iShares Bitcoin Trust during the second quarter worth about $26,000. Asset Dedication LLC increased its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock worth $29,000 after purchasing an additional 279 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in iShares Bitcoin Trust in the 2nd quarter valued at about $31,000. Hantz Financial Services Inc. acquired a new position in iShares Bitcoin Trust in the second quarter valued at about $36,000. Finally, West Financial Advisors LLC purchased a new position in iShares Bitcoin Trust during the third quarter worth about $40,000.
iShares Bitcoin Trust Price Performance
Shares of iShares Bitcoin Trust stock traded up $0.83 on Friday, reaching $57.75. The company had a trading volume of 29,128,550 shares, compared to its average volume of 34,585,094. The firm's 50 day moving average price is $46.07 and its two-hundred day moving average price is $39.18. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $59.16.
iShares Bitcoin Trust Profile
(
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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