Transcend Capital Advisors LLC grew its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 90.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,543 shares of the company's stock after purchasing an additional 44,338 shares during the quarter. Transcend Capital Advisors LLC's holdings in iShares Bitcoin Trust were worth $4,962,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of IBIT. Creative Planning raised its holdings in iShares Bitcoin Trust by 0.9% in the 3rd quarter. Creative Planning now owns 186,104 shares of the company's stock valued at $6,724,000 after acquiring an additional 1,632 shares during the period. Venture Visionary Partners LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter worth approximately $350,000. Sequoia Financial Advisors LLC increased its stake in shares of iShares Bitcoin Trust by 46.9% during the third quarter. Sequoia Financial Advisors LLC now owns 31,024 shares of the company's stock worth $1,121,000 after purchasing an additional 9,902 shares during the period. Private Advisor Group LLC lifted its holdings in iShares Bitcoin Trust by 117.9% during the 3rd quarter. Private Advisor Group LLC now owns 335,820 shares of the company's stock worth $12,133,000 after purchasing an additional 181,700 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in iShares Bitcoin Trust by 3,513.0% in the 3rd quarter. International Assets Investment Management LLC now owns 32,517 shares of the company's stock valued at $1,175,000 after purchasing an additional 31,617 shares during the period.
iShares Bitcoin Trust Trading Down 3.7 %
Shares of iShares Bitcoin Trust stock traded down $2.10 during trading on Friday, reaching $53.94. The company's stock had a trading volume of 48,220,002 shares, compared to its average volume of 42,849,086. The business's 50-day moving average price is $56.15 and its 200-day moving average price is $45.91. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.
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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