Cary Street Partners Financial LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 30,215 shares of the company's stock, valued at approximately $1,603,000.
Several other institutional investors also recently modified their holdings of IBIT. Symmetry Investments LP boosted its holdings in iShares Bitcoin Trust by 3,605.8% in the 4th quarter. Symmetry Investments LP now owns 12,678,808 shares of the company's stock valued at $672,611,000 after purchasing an additional 12,336,673 shares during the period. Jericho Capital Asset Management L.P. bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at about $378,140,000. Proficio Capital Partners LLC boosted its holdings in iShares Bitcoin Trust by 6,401.8% in the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock valued at $246,430,000 after purchasing an additional 4,573,794 shares during the period. Tudor Investment Corp ET AL boosted its holdings in iShares Bitcoin Trust by 81.8% in the 4th quarter. Tudor Investment Corp ET AL now owns 8,048,552 shares of the company's stock valued at $426,976,000 after purchasing an additional 3,620,322 shares during the period. Finally, Barclays PLC bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at about $131,196,000.
iShares Bitcoin Trust Stock Performance
Shares of iShares Bitcoin Trust stock traded up $1.06 on Tuesday, reaching $58.94. 17,690,907 shares of the stock were exchanged, compared to its average volume of 44,714,578. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The firm's 50 day moving average is $49.73 and its 200-day moving average is $52.12.
iShares Bitcoin Trust Company Profile
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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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