Circle Wealth Management LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,135 shares of the company's stock, valued at approximately $272,000.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Coastal Bridge Advisors LLC acquired a new position in iShares Bitcoin Trust during the 4th quarter valued at approximately $1,076,000. D. E. Shaw & Co. Inc. boosted its position in iShares Bitcoin Trust by 344.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company's stock worth $512,857,000 after acquiring an additional 7,494,123 shares during the period. Dimension Capital Management LLC boosted its position in iShares Bitcoin Trust by 32.9% during the 4th quarter. Dimension Capital Management LLC now owns 8,571 shares of the company's stock worth $455,000 after acquiring an additional 2,124 shares during the period. Eagle Global Advisors LLC acquired a new position in iShares Bitcoin Trust during the 4th quarter worth $493,000. Finally, EP Wealth Advisors LLC boosted its position in iShares Bitcoin Trust by 118.9% during the 4th quarter. EP Wealth Advisors LLC now owns 40,260 shares of the company's stock worth $2,136,000 after acquiring an additional 21,868 shares during the period.
iShares Bitcoin Trust Trading Up 1.8%
IBIT stock traded up $1.04 during trading on Friday, reaching $58.66. 36,276,376 shares of the company's stock were exchanged, compared to its average volume of 45,032,004. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The company's fifty day moving average price is $49.60 and its 200-day moving average price is $51.98.
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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