Valeo Financial Advisors LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,103 shares of the company's stock, valued at approximately $1,173,000.
A number of other hedge funds and other institutional investors have also modified their holdings of IBIT. Vienna Asset Management LLC lifted 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 valued at $963,000 after buying an additional 15,137 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new stake in shares of iShares Bitcoin Trust during the third quarter valued at approximately $656,000. 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 acquiring an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. raised its holdings in shares of iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company's stock valued at $1,357,000 after acquiring an additional 9,266 shares during the period. Finally, Mutual Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock valued at $8,967,000 after acquiring an additional 62,338 shares during the period.
iShares Bitcoin Trust Stock Up 2.1 %
Shares of IBIT stock traded up $1.14 during trading hours on Wednesday, reaching $54.65. 28,598,777 shares of the stock traded hands, compared to its average volume of 43,200,570. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business has a fifty day moving average price of $56.26 and a 200 day moving average price of $45.65.
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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