Bank of America Corp DE raised its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 154.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 410,560 shares of the company's stock after purchasing an additional 249,292 shares during the period. Bank of America Corp DE owned 0.06% of iShares Bitcoin Trust worth $21,780,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of IBIT. Bearing Point Capital LLC bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth about $854,000. Alyeska Investment Group L.P. bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth about $48,399,000. Ancient Art L.P. bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth about $7,109,000. Ancora Advisors LLC raised its position in shares of iShares Bitcoin Trust by 114.4% in the 4th quarter. Ancora Advisors LLC now owns 3,293 shares of the company's stock worth $175,000 after acquiring an additional 1,757 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its position in shares of iShares Bitcoin Trust by 30.1% in the 4th quarter. Aptus Capital Advisors LLC now owns 18,911 shares of the company's stock worth $1,003,000 after acquiring an additional 4,374 shares in the last quarter.
iShares Bitcoin Trust Price Performance
IBIT stock opened at $59.99 on Tuesday. The stock has a 50-day moving average price of $50.87 and a 200-day moving average price of $52.79. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year 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.
See Also
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT - Free Report).
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