Pine Valley Investments Ltd Liability Co acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 9,759 shares of the company's stock, valued at approximately $353,000.
A number of other large investors have also bought and sold shares of the business. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at about $26,000. Asset Dedication LLC raised its position in 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 buying an additional 279 shares during the last quarter. International Assets Investment Management LLC bought a new stake in iShares Bitcoin Trust in the 2nd quarter valued at approximately $31,000. Hantz Financial Services Inc. acquired a new position in iShares Bitcoin Trust during the 2nd quarter worth approximately $36,000. Finally, West Financial Advisors LLC bought a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth approximately $40,000.
iShares Bitcoin Trust Stock Performance
IBIT traded up $0.99 during trading hours on Friday, hitting $57.91. 37,881,688 shares of the company's stock were exchanged, compared to its average volume of 34,623,727. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $59.16. The stock's 50-day moving average is $46.52 and its two-hundred day moving average is $39.30.
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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