Bearing Point Capital LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,090 shares of the company's stock, valued at approximately $854,000.
Other institutional investors also recently made changes to their positions in the company. Alyeska Investment Group L.P. acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $48,399,000. Ancient Art L.P. bought a new position in iShares Bitcoin Trust during the 4th quarter worth $7,109,000. Ancora Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 114.4% during the fourth quarter. Ancora Advisors LLC now owns 3,293 shares of the company's stock worth $175,000 after buying an additional 1,757 shares in the last quarter. Aptus Capital Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 30.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 18,911 shares of the company's stock valued at $1,003,000 after acquiring an additional 4,374 shares during the period. Finally, Accredited Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at about $87,000.
iShares Bitcoin Trust Stock Performance
Shares of NASDAQ:IBIT traded up $0.77 on Wednesday, reaching $54.74. 29,502,760 shares of the company's stock were exchanged, compared to its average volume of 45,007,160. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The company has a fifty day moving average of $49.11 and a 200-day moving average of $51.50.
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.
Featured Stories
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
