Northeast Financial Consultants Inc purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 175,217 shares of the company's stock, valued at approximately $6,331,000.
Several other institutional investors and hedge funds also recently made changes to their positions in IBIT. Glass Jacobson Investment Advisors llc acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at $26,000. Asset Dedication LLC boosted its holdings in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after purchasing an additional 279 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in iShares Bitcoin Trust during the second quarter valued at approximately $31,000. Hantz Financial Services Inc. bought a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at approximately $36,000. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter worth approximately $40,000.
iShares Bitcoin Trust Price Performance
IBIT stock traded up $1.40 during trading on Friday, hitting $57.80. The company had a trading volume of 49,583,570 shares, compared to its average volume of 34,372,824. The company has a fifty day moving average price of $44.39 and a two-hundred day moving average price of $38.70. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $59.16.
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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