25,874 Shares of iShares Bitcoin Trust ETF $IBIT Acquired by Valen Private Capital LLC

Valen Private Capital LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 25,874 shares of the company’s stock, valued at approximately $1,225,000.

A number of other large investors have also recently modified their holdings of IBIT. Allied Private Wealth LLC bought a new stake in iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $28,000. Centerpoint Advisors LLC bought a new stake in iShares Bitcoin Trust ETF during the 2nd quarter valued at about $34,000. Commonwealth Retirement Investments LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the second quarter valued at approximately $35,000. Steigerwald Gordon & Koch Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 58.3% in the 1st quarter. Steigerwald Gordon & Koch Inc. now owns 950 shares of the company’s stock worth $36,000 after purchasing an additional 350 shares in the last quarter. Finally, Horizons Wealth Management purchased a new position in iShares Bitcoin Trust ETF in the 3rd quarter worth about $37,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $45.96 on Friday. The company’s 50 day moving average is $45.33 and its 200 day moving average is $41.23. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $65.97.

iShares Bitcoin Trust ETF 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.