MGO One Seven LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 64.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,631 shares of the company's stock after acquiring an additional 24,627 shares during the quarter. MGO One Seven LLC's holdings in iShares Bitcoin Trust were worth $3,323,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Stephens Consulting LLC raised its position in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after buying an additional 200 shares during the period. Pathway Financial Advisers LLC lifted its stake in shares of iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after acquiring an additional 230 shares during the last quarter. SouthState Corp boosted its holdings in 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 period. Finally, Mosley Wealth Management boosted its holdings 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 acquiring an additional 231 shares during the period.
iShares Bitcoin Trust Price Performance
Shares of IBIT opened at $53.24 on Thursday. The firm has a fifty day moving average price of $48.81 and a 200-day moving average price of $50.32. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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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