Lido Advisors LLC boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 36.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 347,172 shares of the company’s stock after acquiring an additional 93,309 shares during the period. Lido Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $17,237,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Chapman Financial Group LLC purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $25,000. Marshall & Sterling Wealth Advisors Inc. grew its stake in iShares Bitcoin Trust ETF by 12,500.0% in the 4th 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 period. Key Capital Management INC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $26,000. Anchor Investment Management LLC increased its position in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the last quarter. Finally, Financial Life Planners acquired a new position in iShares Bitcoin Trust ETF during the third quarter worth approximately $31,000.
iShares Bitcoin Trust ETF Stock Down 2.6%
Shares of IBIT stock opened at $36.02 on Friday. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82. The company has a 50 day moving average price of $42.16 and a 200 day moving average price of $44.82.
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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