Gordian Capital Singapore Pte Ltd boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 137.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 42,800 shares of the company's stock after purchasing an additional 24,800 shares during the period. iShares Bitcoin Trust comprises about 1.2% of Gordian Capital Singapore Pte Ltd's investment portfolio, making the stock its 17th biggest position. Gordian Capital Singapore Pte Ltd's holdings in iShares Bitcoin Trust were worth $2,271,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently bought and sold shares of IBIT. Merit Financial Group LLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter worth about $928,000. Ameritas Advisory Services LLC bought a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $879,000. City Holding Co. raised 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 worth $26,000 after acquiring an additional 238 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of iShares Bitcoin Trust by 63.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,437 shares of the company's stock worth $129,000 after purchasing an additional 950 shares during the period. Finally, Koshinski Asset Management Inc. boosted its position in shares of iShares Bitcoin Trust by 26.1% in the fourth quarter. Koshinski Asset Management Inc. now owns 8,067 shares of the company's stock worth $428,000 after purchasing an additional 1,671 shares during the period.
iShares Bitcoin Trust Stock Performance
Shares of IBIT stock opened at $61.79 on Thursday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $62.53. The company's fifty day moving average price is $51.45 and its 200-day moving average price is $52.91.
iShares Bitcoin Trust 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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