Seaview Investment Managers LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,453 shares of the company's stock, valued at approximately $342,000.
Several other hedge funds have also recently bought and sold shares of the company. Union Savings Bank bought a new position in iShares Bitcoin Trust in the 4th quarter valued at about $25,000. Vision Financial Markets LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at approximately $25,000. City Holding Co. raised its holdings in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its position in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC boosted its stake in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Up 2.2 %
Shares of IBIT traded up $1.16 during midday trading on Wednesday, reaching $53.24. The stock had a trading volume of 60,657,060 shares, compared to its average volume of 46,352,063. The firm's 50 day moving average price is $48.85 and its 200-day moving average price is $50.30. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.
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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