Raymond James Financial Inc. bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,876 shares of the company's stock, valued at approximately $365,000.
Several other large investors also recently added to or reduced their stakes in IBIT. Andina Capital Management LLC raised its position in shares of iShares Bitcoin Trust by 131.0% in the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock valued at $910,000 after purchasing an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in iShares Bitcoin Trust by 32.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock worth $1,357,000 after acquiring an additional 9,266 shares during the period. Mutual Advisors LLC lifted its position in iShares Bitcoin Trust by 65.8% during the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock worth $8,967,000 after acquiring an additional 62,338 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new stake in iShares Bitcoin Trust during the third quarter valued at about $656,000. Finally, Stordahl Capital Management Inc. bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at about $253,000.
iShares Bitcoin Trust Trading Up 5.5 %
Shares of iShares Bitcoin Trust stock traded up $2.50 during trading on Friday, reaching $47.67. The company's stock had a trading volume of 53,989,916 shares, compared to its average volume of 46,567,199. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The business's fifty day moving average price is $49.70 and its 200-day moving average price is $49.75.
iShares Bitcoin Trust 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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