Fairview Capital Investment Management LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,225 shares of the company's stock, valued at approximately $542,000.
A number of other large investors also recently made changes to their positions in the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $25,000. Vision Financial Markets LLC acquired a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $25,000. City Holding Co. boosted its holdings in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC boosted its holdings in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.
iShares Bitcoin Trust Trading Up 1.8%
Shares of NASDAQ IBIT traded up $1.04 during mid-day trading on Friday, hitting $58.66. 36,276,376 shares of the stock traded hands, compared to its average volume of 45,032,004. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The firm has a 50 day simple moving average of $49.60 and a two-hundred day simple moving average of $51.98.
iShares Bitcoin Trust Profile
(
Free Report)
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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