Mint Tower Capital Management B.V. grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 10.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 222,892 shares of the company's stock after acquiring an additional 20,913 shares during the period. iShares Bitcoin Trust comprises approximately 3.0% of Mint Tower Capital Management B.V.'s holdings, making the stock its 7th biggest position. Mint Tower Capital Management B.V.'s holdings in iShares Bitcoin Trust were worth $11,824,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Union Savings Bank bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at $25,000. Vision Financial Markets LLC bought a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at about $25,000. City Holding Co. raised its stake in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after acquiring an additional 238 shares during the period. Stephens Consulting LLC lifted its holdings 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 acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC boosted its stake in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after acquiring an additional 302 shares during the period.
iShares Bitcoin Trust Stock Down 3.8 %
Shares of iShares Bitcoin Trust stock traded down $1.88 on Friday, reaching $47.56. 37,515,018 shares of the company were exchanged, compared to its average volume of 45,216,676. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The company's 50-day moving average is $52.64 and its two-hundred day moving average is $48.78.
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.
Further Reading
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
