Alpine Global Management LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,337 shares of the company's stock, valued at approximately $336,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. MassMutual Private Wealth & Trust FSB increased its stake in iShares Bitcoin Trust ETF by 63.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,437 shares of the company's stock worth $129,000 after buying an additional 950 shares during the period. Koshinski Asset Management Inc. increased its position in shares of iShares Bitcoin Trust ETF by 26.1% during the fourth quarter. Koshinski Asset Management Inc. now owns 8,067 shares of the company's stock worth $428,000 after acquiring an additional 1,671 shares during the period. Pure Financial Advisors LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $320,000. Atomi Financial Group Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 41.4% in the fourth quarter. Atomi Financial Group Inc. now owns 18,656 shares of the company's stock valued at $990,000 after purchasing an additional 5,461 shares during the period. Finally, Advisory Alpha LLC bought a new position in iShares Bitcoin Trust ETF in the fourth quarter worth approximately $220,000.
iShares Bitcoin Trust ETF Trading Down 2.4%
IBIT traded down $1.53 during trading on Wednesday, hitting $60.97. 26,425,582 shares of the stock were exchanged, compared to its average volume of 45,570,637. iShares Bitcoin Trust ETF has a 1 year low of $28.23 and a 1 year high of $63.70. The firm has a 50 day simple moving average of $52.61 and a 200 day simple moving average of $53.56.
iShares Bitcoin Trust ETF 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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