Tidal Investments LLC increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 12.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 228,354 shares of the company's stock after purchasing an additional 25,232 shares during the period. Tidal Investments LLC's holdings in iShares Bitcoin Trust were worth $8,250,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Vienna Asset Management LLC lifted its holdings in shares of 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 buying an additional 15,137 shares in the last quarter. Garden State Investment Advisory Services LLC bought a new position in iShares Bitcoin Trust during the third quarter worth about $656,000. Capstone Investment Advisors LLC acquired a new stake in iShares Bitcoin Trust in the 3rd quarter worth about $11,507,000. Marathon Trading Investment Management LLC boosted its holdings in iShares Bitcoin Trust by 238.4% in the 3rd quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company's stock valued at $2,804,000 after purchasing an additional 54,671 shares during the period. Finally, Paragon Advisors LLC boosted its holdings in iShares Bitcoin Trust by 54.8% in the 3rd quarter. Paragon Advisors LLC now owns 458,111 shares of the company's stock valued at $16,552,000 after purchasing an additional 162,178 shares during the period.
iShares Bitcoin Trust Stock Up 1.7 %
Shares of IBIT traded up $0.97 during mid-day trading on Friday, hitting $57.89. 33,622,036 shares of the company's stock were exchanged, compared to its average volume of 34,598,953. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $59.16. The stock's 50-day simple moving average is $46.07 and its 200-day simple moving average is $39.18.
iShares Bitcoin Trust Company 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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