RWA Wealth Partners LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,845 shares of the company's stock, valued at approximately $522,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its holdings in iShares Bitcoin Trust by 102.6% during the third quarter. Hantz Financial Services Inc. now owns 2,137 shares of the company's stock valued at $77,000 after purchasing an additional 1,082 shares during the last quarter. Captrust Financial Advisors increased its position in shares of iShares Bitcoin Trust by 6.4% during the third quarter. Captrust Financial Advisors now owns 94,095 shares of the company's stock valued at $3,400,000 after buying an additional 5,686 shares during the period. Integrated Wealth Concepts LLC lifted its holdings in shares of iShares Bitcoin Trust by 17.4% in the third quarter. Integrated Wealth Concepts LLC now owns 37,552 shares of the company's stock worth $1,357,000 after buying an additional 5,554 shares in the last quarter. Independent Family Office LLC purchased a new position in shares of iShares Bitcoin Trust during the 3rd quarter valued at $430,000. Finally, IHT Wealth Management LLC increased its stake in iShares Bitcoin Trust by 134.4% in the 3rd quarter. IHT Wealth Management LLC now owns 76,400 shares of the company's stock worth $2,722,000 after acquiring an additional 43,804 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of NASDAQ:IBIT traded up $1.27 on Friday, hitting $47.84. The company's stock had a trading volume of 57,710,640 shares, compared to its average volume of 44,643,238. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The company has a 50-day simple moving average of $51.69 and a 200 day simple moving average of $49.08.
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.
See Also
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
