Foundations Investment Advisors LLC grew its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 79.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 252,791 shares of the company's stock after acquiring an additional 112,069 shares during the quarter. Foundations Investment Advisors LLC's holdings in iShares Bitcoin Trust were worth $9,133,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. FinTrust Capital Advisors LLC acquired a new stake in iShares Bitcoin Trust in the first quarter worth about $26,000. Creekmur Asset Management LLC acquired a new stake in iShares Bitcoin Trust in the first quarter worth about $30,000. Sound Income Strategies LLC acquired a new stake in iShares Bitcoin Trust in the first quarter worth about $30,000. Glass Jacobson Investment Advisors llc acquired a new stake in iShares Bitcoin Trust in the second quarter worth about $26,000. Finally, Asset Dedication LLC lifted its holdings in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company's stock worth $29,000 after purchasing an additional 279 shares during the period.
iShares Bitcoin Trust Stock Performance
IBIT stock traded down $0.16 during trading on Tuesday, hitting $38.41. The company had a trading volume of 23,861,485 shares, compared to its average volume of 30,286,127. The business has a 50 day moving average of $34.98 and a 200 day moving average of $35.99. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week 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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