HighTower Advisors LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 1.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,349,658 shares of the company’s stock after buying an additional 24,674 shares during the period. HighTower Advisors LLC owned about 0.10% of iShares Bitcoin Trust ETF worth $44,930,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth approximately $711,000. E6 Portfolios LLC bought a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at $864,000. WealthPlan Investment Management LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at $1,421,000. Harvest Portfolios Group Inc. grew its holdings in iShares Bitcoin Trust ETF by 17.7% in the 4th quarter. Harvest Portfolios Group Inc. now owns 859,466 shares of the company’s stock valued at $42,672,000 after buying an additional 129,052 shares in the last quarter. Finally, Garde Capital Inc. increased its position in iShares Bitcoin Trust ETF by 860.0% during the 4th quarter. Garde Capital Inc. now owns 157,146 shares of the company’s stock worth $7,802,000 after buying an additional 140,777 shares during the period.
iShares Bitcoin Trust ETF Price Performance
IBIT opened at $45.23 on Tuesday. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82. The stock has a fifty day moving average of $38.30 and a 200-day moving average of $39.49.
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.
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