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Proficio Capital Partners LLC Buys 20,800 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance, Insurance, And Real Estate background

Proficio Capital Partners LLC grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 41.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 71,445 shares of the company's stock after purchasing an additional 20,800 shares during the period. Proficio Capital Partners LLC's holdings in iShares Bitcoin Trust were worth $2,581,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of IBIT. BNP Paribas Financial Markets purchased a new stake in iShares Bitcoin Trust during the first quarter valued at about $42,000. Atomi Financial Group Inc. bought a new position in iShares Bitcoin Trust during the 1st quarter valued at approximately $224,000. Concurrent Investment Advisors LLC bought a new position in iShares Bitcoin Trust in the 1st quarter worth $271,000. Chilton Capital Management LLC purchased a new position in shares of iShares Bitcoin Trust in the 1st quarter valued at approximately $214,000. Finally, Abbrea Capital LLC purchased a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth about $320,000.

iShares Bitcoin Trust Trading Up 0.2 %

Shares of NASDAQ IBIT traded up $0.09 during midday trading on Friday, hitting $43.69. The stock had a trading volume of 44,183,719 shares, compared to its average volume of 31,394,033. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $44.09. The business's 50 day moving average is $36.55 and its 200-day moving average is $36.23.

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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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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