Rathbones Group PLC lessened its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 87.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,183 shares of the company's stock after selling 34,677 shares during the period. Rathbones Group PLC's holdings in iShares Bitcoin Trust were worth $275,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in IBIT. Kovitz Investment Group Partners LLC purchased a new stake in shares of iShares Bitcoin Trust in the third quarter valued at approximately $526,000. EP Wealth Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 70.5% during the 3rd quarter. EP Wealth Advisors LLC now owns 18,392 shares of the company's stock worth $664,000 after purchasing an additional 7,606 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth $303,000. Orion Portfolio Solutions LLC increased its holdings in shares of iShares Bitcoin Trust by 9.4% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 8,101 shares of the company's stock valued at $293,000 after purchasing an additional 694 shares in the last quarter. Finally, Continuum Advisory LLC lifted its stake in shares of iShares Bitcoin Trust by 61.1% in the third quarter. Continuum Advisory LLC now owns 6,034 shares of the company's stock valued at $218,000 after purchasing an additional 2,288 shares during the period.
iShares Bitcoin Trust Stock Up 0.7 %
IBIT stock traded up $0.35 during trading on Monday, reaching $48.02. 16,230,786 shares of the company were exchanged, compared to its average volume of 46,077,363. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The stock's 50 day moving average price is $49.70 and its 200 day moving average price is $49.75.
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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