Captrust Financial Advisors increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 43.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 135,297 shares of the company's stock after buying an additional 41,202 shares during the quarter. Captrust Financial Advisors' holdings in iShares Bitcoin Trust were worth $7,178,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently bought and sold shares of IBIT. Franklin Resources Inc. acquired a new stake in iShares Bitcoin Trust in the 3rd quarter valued at $1,107,000. Diversified Trust Co purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter worth $1,336,000. ORG Partners LLC increased its position in shares of iShares Bitcoin Trust by 346.9% during the 4th quarter. ORG Partners LLC now owns 10,208 shares of the company's stock worth $542,000 after purchasing an additional 7,924 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of iShares Bitcoin Trust by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company's stock worth $4,713,000 after purchasing an additional 320 shares during the last quarter. Finally, Ridgewood Investments LLC increased its position in shares of iShares Bitcoin Trust by 76.7% during the 4th quarter. Ridgewood Investments LLC now owns 6,980 shares of the company's stock worth $370,000 after purchasing an additional 3,030 shares during the last quarter.
iShares Bitcoin Trust Stock Down 1.6%
Shares of NASDAQ:IBIT traded down $0.95 during midday trading on Wednesday, reaching $58.67. 26,140,596 shares of the company's stock were exchanged, compared to its average volume of 44,735,988. The firm's 50 day simple moving average is $49.91 and its two-hundred day simple moving average is $52.17. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
About iShares Bitcoin Trust
(
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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