StoneX Group Inc. bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 50,690 shares of the company's stock, valued at approximately $2,689,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stephens Consulting LLC grew its holdings in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC grew its stake in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock valued at $130,000 after buying an additional 200 shares during the period. Pathway Financial Advisers LLC grew its stake in shares of iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock valued at $35,000 after buying an additional 230 shares during the period. SouthState Corp increased its holdings in shares of iShares Bitcoin Trust by 5.5% during the 4th quarter. SouthState Corp now owns 4,411 shares of the company's stock worth $234,000 after buying an additional 230 shares during the last quarter. Finally, Mosley Wealth Management raised its position in shares of iShares Bitcoin Trust by 2.5% in the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company's stock worth $496,000 after buying an additional 231 shares during the period.
iShares Bitcoin Trust Price Performance
IBIT stock traded up $1.39 during trading on Friday, reaching $47.96. 61,832,891 shares of the stock traded hands, compared to its average volume of 44,698,125. The business's 50 day moving average price is $51.69 and its 200-day moving average price is $49.08. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.
iShares Bitcoin Trust 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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