Cambridge Investment Research Advisors Inc. lessened its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 6.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 531,954 shares of the company's stock after selling 38,700 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.08% of iShares Bitcoin Trust worth $28,220,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the stock. Union Savings Bank bought a new position in iShares Bitcoin Trust in the 4th quarter valued at $25,000. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter worth about $25,000. City Holding Co. grew its holdings in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC increased its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after buying an additional 189 shares during the period. Finally, Crewe Advisors LLC lifted its holdings in 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 buying an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of iShares Bitcoin Trust stock traded up $1.04 on Friday, hitting $58.66. 36,276,376 shares of the company traded hands, compared to its average volume of 45,032,004. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The stock's 50 day moving average price is $49.60 and its 200-day moving average price is $51.79.
About iShares Bitcoin Trust
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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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