Maridea Wealth Management LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 23,831 shares of the company's stock, valued at approximately $1,264,000.
A number of other institutional investors have also recently bought and sold shares of IBIT. Great Valley Advisor Group Inc. purchased a new stake in shares of iShares Bitcoin Trust in the third quarter worth approximately $206,000. Brown Brothers Harriman & Co. lifted its position in iShares Bitcoin Trust by 55.9% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,985 shares of the company's stock worth $72,000 after buying an additional 712 shares in the last quarter. Townsquare Capital LLC boosted its stake in shares of iShares Bitcoin Trust by 20.7% during the 3rd quarter. Townsquare Capital LLC now owns 36,627 shares of the company's stock valued at $1,323,000 after buying an additional 6,279 shares during the period. CreativeOne Wealth LLC grew its holdings in shares of iShares Bitcoin Trust by 97.9% during the 3rd quarter. CreativeOne Wealth LLC now owns 18,957 shares of the company's stock valued at $685,000 after acquiring an additional 9,376 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in shares of iShares Bitcoin Trust by 102.6% in the third quarter. Hantz Financial Services Inc. now owns 2,137 shares of the company's stock worth $77,000 after acquiring an additional 1,082 shares during the last quarter.
iShares Bitcoin Trust Price Performance
IBIT traded up $1.74 during trading on Tuesday, reaching $48.55. 15,609,172 shares of the stock traded hands, compared to its average volume of 44,351,063. The stock's 50-day simple moving average is $52.38 and its two-hundred day simple moving average is $48.99. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
iShares Bitcoin Trust 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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