Cornerstone Advisory LLC acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 27,999 shares of the company's stock, valued at approximately $1,549,000.
Several other hedge funds have also recently bought and sold shares of IBIT. Andina Capital Management LLC raised its position in shares of iShares Bitcoin Trust ETF by 131.0% in the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock valued at $910,000 after buying an additional 9,728 shares in the last quarter. Mutual Advisors LLC raised its position in shares of iShares Bitcoin Trust ETF by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock valued at $8,967,000 after buying an additional 62,338 shares in the last quarter. Stordahl Capital Management Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $253,000. NINE MASTS CAPITAL Ltd raised its position in shares of iShares Bitcoin Trust ETF by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock valued at $80,541,000 after buying an additional 346,918 shares in the last quarter. Finally, Lake Street Advisors Group LLC raised its position in shares of iShares Bitcoin Trust ETF by 71.3% in the fourth quarter. Lake Street Advisors Group LLC now owns 40,791 shares of the company's stock valued at $2,164,000 after buying an additional 16,982 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Up 1.4%
Shares of NASDAQ IBIT traded up $0.86 during midday trading on Tuesday, reaching $62.69. The company's stock had a trading volume of 33,247,918 shares, compared to its average volume of 45,600,719. iShares Bitcoin Trust ETF has a fifty-two week low of $28.23 and a fifty-two week high of $63.70. The business's 50 day moving average price is $52.32 and its two-hundred day moving average price is $53.49.
About iShares Bitcoin Trust ETF
(
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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