RIA Advisory Group LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,582 shares of the company's stock, valued at approximately $563,000.
Several other large investors also recently modified their holdings of the business. IMC Chicago LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter worth about $323,337,000. Aristeia Capital L.L.C. grew its stake in iShares Bitcoin Trust by 47.2% in the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company's stock valued at $202,806,000 after purchasing an additional 1,903,644 shares in the last quarter. Sculptor Capital LP grew its stake in iShares Bitcoin Trust by 188.1% in the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company's stock valued at $115,831,000 after purchasing an additional 2,215,107 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in iShares Bitcoin Trust by 1,657.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company's stock valued at $90,014,000 after purchasing an additional 2,486,608 shares in the last quarter. Finally, Bracebridge Capital LLC bought a new position in iShares Bitcoin Trust in the first quarter valued at approximately $100,639,000.
iShares Bitcoin Trust Stock Up 4.8 %
IBIT stock traded up $2.40 during mid-day trading on Friday, reaching $52.13. The company had a trading volume of 46,939,425 shares, compared to its average volume of 32,457,395. The stock has a 50 day simple moving average of $38.39 and a two-hundred day simple moving average of $36.73. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $53.26.
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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