StoneX Group Inc. purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 50,690 shares of the company's stock, valued at approximately $2,689,000.
Several other hedge funds have also recently made changes to their positions in IBIT. Vienna Asset Management LLC boosted its stake in iShares Bitcoin Trust by 131.6% during the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company's stock worth $963,000 after acquiring an additional 15,137 shares in the last quarter. Andina Capital Management LLC raised its holdings in shares of iShares Bitcoin Trust by 131.0% during 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. boosted its position in shares of iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock worth $1,357,000 after purchasing an additional 9,266 shares in the last quarter. Mutual Advisors LLC grew its stake in shares of iShares Bitcoin Trust by 65.8% in the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock valued at $8,967,000 after buying an additional 62,338 shares during the period. Finally, Garden State Investment Advisory Services LLC bought a new stake in iShares Bitcoin Trust in the 3rd quarter valued at about $656,000.
iShares Bitcoin Trust Stock Up 2.4 %
IBIT stock traded up $1.14 during trading on Friday, reaching $47.71. 68,499,240 shares of the stock were exchanged, compared to its average volume of 44,844,594. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The firm's 50 day moving average is $51.45 and its 200 day moving average is $49.29.
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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