Capital Advisors Inc. OK purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 8,222 shares of the company’s stock, valued at approximately $436,000.
Several other large investors also recently added to or reduced their stakes in IBIT. Beacon Financial Group lifted its holdings in iShares Bitcoin Trust by 7.3% during the fourth quarter. Beacon Financial Group now owns 20,383 shares of the company’s stock valued at $1,081,000 after purchasing an additional 1,390 shares during the last quarter. Hibernia Wealth Partners LLC bought a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $552,000. Fishman Jay A Ltd. MI purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at approximately $272,000. CAP Partners LLC boosted its holdings in iShares Bitcoin Trust by 12.1% in the 4th quarter. CAP Partners LLC now owns 12,494 shares of the company’s stock worth $663,000 after buying an additional 1,350 shares during the period. Finally, Capital Wealth Alliance LLC grew its stake in iShares Bitcoin Trust by 325.8% in the 4th quarter. Capital Wealth Alliance LLC now owns 47,779 shares of the company’s stock valued at $2,535,000 after buying an additional 36,559 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
NASDAQ:IBIT opened at $55.16 on Thursday. iShares Bitcoin Trust has a 1 year low of $27.62 and a 1 year high of $61.75. The stock’s fifty day moving average price is $56.36 and its two-hundred day moving average price is $45.15.
iShares Bitcoin Trust Profile
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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