J. Derek Lewis & Associates Inc. bought a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 15,052 shares of the company’s stock, valued at approximately $747,000.
A number of other hedge funds have also recently made changes to their positions in IBIT. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $25,000. Anchor Investment Management LLC boosted its holdings in iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after acquiring an additional 305 shares in the last quarter. Financial Life Planners bought a new stake in iShares Bitcoin Trust ETF in the third quarter worth $31,000. Semmax Financial Advisors Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 135.9% in the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Performance
Shares of NASDAQ:IBIT opened at $35.62 on Friday. The business has a fifty day moving average price of $41.54 and a 200-day moving average price of $43.73. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82.
iShares Bitcoin Trust ETF Company 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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