Objective Capital Management LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 34,012 shares of the company's stock, valued at approximately $1,229,000.
Several other institutional investors have also recently added to or reduced their stakes in IBIT. Asset Dedication LLC lifted its holdings in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after purchasing an additional 279 shares during the last quarter. Bfsg LLC lifted its stake in iShares Bitcoin Trust by 34.7% in the second quarter. Bfsg LLC now owns 1,360 shares of the company's stock valued at $46,000 after buying an additional 350 shares during the last quarter. Doliver Advisors LP boosted its holdings in shares of iShares Bitcoin Trust by 4.9% in the third quarter. Doliver Advisors LP now owns 7,558 shares of the company's stock valued at $273,000 after acquiring an additional 350 shares during the period. Summit Global Investments grew its position in shares of iShares Bitcoin Trust by 3.3% during the third quarter. Summit Global Investments now owns 11,214 shares of the company's stock worth $405,000 after acquiring an additional 355 shares during the last quarter. Finally, Cedar Mountain Advisors LLC increased its holdings in shares of iShares Bitcoin Trust by 39.1% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company's stock valued at $46,000 after acquiring an additional 383 shares during the period.
iShares Bitcoin Trust Stock Up 0.2 %
NASDAQ:IBIT traded up $0.09 during trading hours on Friday, reaching $43.69. 44,183,719 shares of the company's stock were exchanged, compared to its average volume of 31,394,033. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $44.09. The company has a 50-day moving average of $36.55 and a 200 day moving average of $36.23.
iShares Bitcoin Trust Company Profile
(
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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