Ewing Morris & Co. Investment Partners Ltd. purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 45,855 shares of the company's stock, valued at approximately $2,433,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust during the 4th quarter worth approximately $25,000. Union Savings Bank acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $25,000. City Holding Co. raised its position in shares of 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 purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC raised its position in shares of 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 purchasing an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC raised its position in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of IBIT traded up $1.04 during trading on Friday, reaching $58.66. The company's stock had a trading volume of 36,276,376 shares, compared to its average volume of 45,032,004. The company has a fifty day moving average of $49.60 and a two-hundred day moving average of $51.98. 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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