Valen Private Capital LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 25,874 shares of the company’s stock, valued at approximately $1,225,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Simplicity Wealth LLC raised its stake in shares of iShares Bitcoin Trust ETF by 59.2% in the third quarter. Simplicity Wealth LLC now owns 54,746 shares of the company’s stock worth $2,592,000 after buying an additional 20,349 shares during the period. Brookmont Capital Management purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at about $272,000. NTV Asset Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 5.5% during the 3rd quarter. NTV Asset Management LLC now owns 105,651 shares of the company’s stock valued at $5,002,000 after buying an additional 5,510 shares in the last quarter. Ascent Wealth Partners LLC lifted its position in shares of iShares Bitcoin Trust ETF by 5.8% during the 3rd quarter. Ascent Wealth Partners LLC now owns 22,571 shares of the company’s stock valued at $1,069,000 after buying an additional 1,235 shares in the last quarter. Finally, Canton Hathaway LLC grew its stake in shares of iShares Bitcoin Trust ETF by 30.0% during the 3rd quarter. Canton Hathaway LLC now owns 13,000 shares of the company’s stock valued at $615,000 after acquiring an additional 3,000 shares during the period.
iShares Bitcoin Trust ETF Trading Down 0.2%
Shares of NASDAQ:IBIT opened at $45.96 on Friday. The stock has a 50 day moving average of $45.33 and a 200 day moving average of $41.23. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $65.97.
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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