IPG Investment Advisors LLC raised its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,622 shares of the company’s stock after acquiring an additional 3,957 shares during the quarter. IPG Investment Advisors LLC’s holdings in iShares Bitcoin Trust were worth $1,465,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. Union Savings Bank acquired a new position in iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. Vision Financial Markets LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at $25,000. City Holding Co. boosted its holdings in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC grew its position in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC raised its stake in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after acquiring an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
NASDAQ IBIT opened at $47.56 on Friday. The company has a fifty day moving average of $52.64 and a two-hundred day moving average of $48.78. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.
About iShares Bitcoin Trust
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.
See Also
- Five stocks we like better than iShares Bitcoin Trust
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- MarketBeat Week in Review – 03/24 – 03/28
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- Should You Buy UPS Stock Now? Deep Dive Into Its 5-Year Low
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- 4 Healthcare Stocks With Massive Gains—and More to Come
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.
