Total Investment Management Inc. acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 66,314 shares of the company's stock, valued at approximately $3,518,000. iShares Bitcoin Trust makes up 0.5% of Total Investment Management Inc.'s holdings, making the stock its 14th largest holding.
A number of other hedge funds have also bought and sold shares of the business. Stephens Consulting LLC grew 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 acquiring an additional 189 shares in the last quarter. AlphaMark Advisors LLC grew its position in iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after acquiring an additional 200 shares in the last quarter. Pathway Financial Advisers LLC grew its position in iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after acquiring an additional 230 shares in the last quarter. City Holding Co. grew its position in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after acquiring an additional 238 shares in the last quarter. Finally, Blue Trust Inc. grew its position in iShares Bitcoin Trust by 5.8% in the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company's stock worth $262,000 after acquiring an additional 270 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
iShares Bitcoin Trust stock traded up $1.34 during mid-day trading on Thursday, hitting $55.99. The company's stock had a trading volume of 25,601,669 shares, compared to its average volume of 42,681,863. The business has a 50 day moving average price of $56.15 and a 200-day moving average price of $45.91. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month 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.
Further Reading
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
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
