Coastal Bridge Advisors LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,274 shares of the company's stock, valued at approximately $1,076,000.
Other large investors have also made changes to their positions in the company. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter worth $25,000. Vision Financial Markets LLC acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $25,000. City Holding Co. boosted its position in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after buying an additional 238 shares during the period. Stephens Consulting LLC increased its position in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after acquiring an additional 189 shares during the period. Finally, Crewe Advisors LLC raised its stake in shares of iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.
iShares Bitcoin Trust Trading Up 1.8 %
IBIT traded up $1.04 on Friday, hitting $58.66. 36,276,376 shares of the company were exchanged, compared to its average volume of 45,032,004. The firm has a 50-day moving average price of $49.60 and a two-hundred day moving average price of $51.89. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month 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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