Mosaic Financial Group LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,359 shares of the company's stock, valued at approximately $284,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Hoey Investments Inc. grew its holdings in iShares Bitcoin Trust by 188.1% during the 4th quarter. Hoey Investments Inc. now owns 4,595 shares of the company's stock worth $244,000 after acquiring an additional 3,000 shares in the last quarter. Edmond DE Rothschild Holding S.A. boosted its stake in shares of iShares Bitcoin Trust by 7.4% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 118,440 shares of the company's stock valued at $6,283,000 after purchasing an additional 8,210 shares in the last quarter. FSB Premier Wealth Management Inc. purchased a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $273,000. Physician Wealth Advisors Inc. bought a new position in iShares Bitcoin Trust in the fourth quarter worth approximately $125,000. Finally, IPG Investment Advisors LLC boosted its position in iShares Bitcoin Trust by 16.7% during the 4th quarter. IPG Investment Advisors LLC now owns 27,622 shares of the company's stock valued at $1,465,000 after acquiring an additional 3,957 shares in the last quarter.
iShares Bitcoin Trust Trading Up 1.1 %
Shares of NASDAQ:IBIT traded up $0.51 on Friday, reaching $47.08. The company had a trading volume of 40,116,014 shares, compared to its average volume of 44,347,141. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The firm's 50 day simple moving average is $51.69 and its 200-day simple moving average is $49.08.
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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