Walkner Condon Financial Advisors LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 12,298 shares of the company's stock, valued at approximately $444,000.
Several other hedge funds also recently made changes to their positions in IBIT. BNP Paribas Financial Markets bought a new position in shares of iShares Bitcoin Trust during the first quarter valued at $42,000. Csenge Advisory Group acquired a new position in shares of iShares Bitcoin Trust during the first quarter valued at about $569,000. Monolith Management Ltd bought a new stake in iShares Bitcoin Trust during the first quarter worth $24,416,000. NTV Asset Management LLC bought a new position in shares of iShares Bitcoin Trust during the first quarter valued at about $3,695,000. Finally, Smithfield Trust Co bought a new stake in iShares Bitcoin Trust during the first quarter worth $509,000.
iShares Bitcoin Trust Price Performance
iShares Bitcoin Trust stock traded up $0.28 during trading on Friday, hitting $43.88. The stock had a trading volume of 28,906,281 shares, compared to its average volume of 31,322,385. The stock's 50 day moving average is $36.34 and its two-hundred day moving average is $36.20. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $43.98.
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.
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