DC Investments Management LLC lowered its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 56.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 15,670 shares of the company's stock after selling 20,174 shares during the quarter. DC Investments Management LLC's holdings in iShares Bitcoin Trust were worth $831,000 as of its most recent filing with the SEC.
Other institutional investors have also recently added to or reduced their stakes in the company. Union Savings Bank acquired a new position in iShares Bitcoin Trust in the 4th quarter valued at $25,000. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. grew its stake in iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC raised its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC lifted its stake in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Price Performance
Shares of IBIT stock traded up $1.04 during trading hours on Friday, reaching $58.66. The company had a trading volume of 36,276,376 shares, compared to its average volume of 45,032,004. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The stock has a fifty day moving average of $49.60 and a 200-day moving average of $51.89.
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.
Read More
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
