Pachira Investments Inc. purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 33,596 shares of the company's stock, valued at approximately $1,214,000. iShares Bitcoin Trust comprises about 0.9% of Pachira Investments Inc.'s holdings, making the stock its 21st biggest position.
Other institutional investors have also modified their holdings of the company. FinTrust Capital Advisors LLC purchased a new position in iShares Bitcoin Trust during the 1st quarter worth $26,000. Creekmur Asset Management LLC purchased a new stake in shares of iShares Bitcoin Trust during the first quarter worth about $30,000. Sound Income Strategies LLC acquired a new position in shares of iShares Bitcoin Trust during the first quarter valued at about $30,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at approximately $26,000. Finally, Asset Dedication LLC boosted its stake in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock worth $29,000 after purchasing an additional 279 shares in the last quarter.
iShares Bitcoin Trust Stock Up 2.7 %
NASDAQ:IBIT traded up $1.02 during trading hours on Friday, hitting $39.07. 39,820,519 shares of the company were exchanged, compared to its average volume of 30,326,688. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The company's 50 day moving average price is $34.80 and its 200-day moving average price is $36.01.
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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