Mariner LLC raised its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 178.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 444,974 shares of the company's stock after purchasing an additional 285,162 shares during the period. Mariner LLC owned about 0.07% of iShares Bitcoin Trust worth $23,606,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in IBIT. Stephens Consulting LLC boosted its holdings in shares of 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 period. AlphaMark Advisors LLC boosted its stake in iShares Bitcoin Trust by 8.9% in 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 during the period. Pathway Financial Advisers LLC grew its holdings in shares of iShares Bitcoin Trust by 52.9% during the fourth 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 last quarter. SouthState Corp raised 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 worth $234,000 after purchasing an additional 230 shares during the period. Finally, Mosley Wealth Management boosted 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 valued at $496,000 after purchasing an additional 231 shares during the period.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT traded up $0.30 during trading hours on Friday, hitting $48.26. The company had a trading volume of 23,726,023 shares, compared to its average volume of 45,494,238. The business has a fifty day simple moving average of $49.02 and a 200-day simple moving average of $49.97. 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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