MRA Advisory Group raised its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 30.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 74,008 shares of the company's stock after buying an additional 17,221 shares during the quarter. iShares Bitcoin Trust comprises approximately 1.5% of MRA Advisory Group's investment portfolio, making the stock its 18th biggest holding. MRA Advisory Group's holdings in iShares Bitcoin Trust were worth $2,674,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. FinTrust Capital Advisors LLC acquired a new stake in iShares Bitcoin Trust in the 1st quarter valued at approximately $26,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust in the second quarter valued at approximately $26,000. Sound Income Strategies LLC bought a new stake in shares of iShares Bitcoin Trust in the first quarter worth $30,000. Creekmur Asset Management LLC acquired a new position in iShares Bitcoin Trust during the first quarter worth $30,000. Finally, International Assets Investment Management LLC bought a new position in iShares Bitcoin Trust in the second quarter valued at $31,000.
iShares Bitcoin Trust Stock Up 2.3 %
IBIT stock traded up $0.80 during midday trading on Friday, hitting $35.52. The company's stock had a trading volume of 22,641,522 shares, compared to its average volume of 30,299,922. The company's fifty day moving average price is $34.40 and its 200 day moving average price is $36.16. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $41.99.
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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