Vishria Bird Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 124,293 shares of the company's stock, valued at approximately $4,491,000. iShares Bitcoin Trust accounts for approximately 1.7% of Vishria Bird Financial Group LLC's portfolio, making the stock its 20th largest position.
A number of other hedge funds have also recently added to or reduced their stakes in IBIT. Asset Dedication LLC increased its stake in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after purchasing an additional 279 shares during the last quarter. Bfsg LLC grew its position in iShares Bitcoin Trust by 34.7% during the 2nd quarter. Bfsg LLC now owns 1,360 shares of the company's stock worth $46,000 after acquiring an additional 350 shares during the last quarter. Doliver Advisors LP grew its position in iShares Bitcoin Trust by 4.9% during the 3rd quarter. Doliver Advisors LP now owns 7,558 shares of the company's stock worth $273,000 after acquiring an additional 350 shares during the last quarter. Summit Global Investments grew its position in iShares Bitcoin Trust by 3.3% during the 3rd quarter. Summit Global Investments now owns 11,214 shares of the company's stock worth $405,000 after acquiring an additional 355 shares during the last quarter. Finally, Cedar Mountain Advisors LLC grew its position in iShares Bitcoin Trust by 39.1% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company's stock worth $46,000 after acquiring an additional 383 shares during the last quarter.
iShares Bitcoin Trust Stock Up 4.8 %
IBIT traded up $2.40 during midday trading on Friday, hitting $52.13. 46,939,425 shares of the company were exchanged, compared to its average volume of 32,457,395. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $53.26. The firm's 50 day moving average price is $38.39 and its 200-day moving average price is $36.73.
iShares Bitcoin Trust Company 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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