International Assets Investment Management LLC increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 3,513.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,517 shares of the company's stock after acquiring an additional 31,617 shares during the quarter. International Assets Investment Management LLC's holdings in iShares Bitcoin Trust were worth $1,175,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Sequoia Financial Advisors LLC bought a new position in shares of iShares Bitcoin Trust in the first quarter worth about $609,000. BNP Paribas Financial Markets acquired a new stake in iShares Bitcoin Trust during the 1st quarter valued at $42,000. FinTrust Capital Advisors LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at about $26,000. Proficio Capital Partners LLC purchased a new position in iShares Bitcoin Trust in the first quarter valued at about $455,000. Finally, Larson Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust during the first quarter valued at approximately $142,000.
iShares Bitcoin Trust Trading Up 3.3 %
Shares of IBIT traded up $1.26 during mid-day trading on Tuesday, reaching $39.51. The company's stock had a trading volume of 34,611,673 shares, compared to its average volume of 30,960,389. The company's 50 day moving average is $35.95 and its 200 day moving average is $36.10. iShares Bitcoin Trust has a 12-month low of $22.02 and a 12-month high of $41.99.
About iShares Bitcoin Trust
(
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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