Free Trial

Gordian Capital Singapore Pte Ltd Raises Stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance background

Gordian Capital Singapore Pte Ltd increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) by 137.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,800 shares of the company's stock after purchasing an additional 24,800 shares during the period. iShares Bitcoin Trust ETF makes up about 1.2% of Gordian Capital Singapore Pte Ltd's investment portfolio, making the stock its 17th largest position. Gordian Capital Singapore Pte Ltd's holdings in iShares Bitcoin Trust ETF were worth $2,271,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of IBIT. Merit Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $928,000. Ameritas Advisory Services LLC purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter worth $879,000. City Holding Co. boosted its stake in iShares Bitcoin Trust ETF by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after buying an additional 238 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in iShares Bitcoin Trust ETF by 63.9% during the fourth 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. Finally, Koshinski Asset Management Inc. boosted its stake in 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 buying an additional 1,671 shares during the period.

iShares Bitcoin Trust ETF Stock Up 1.4%

NASDAQ IBIT traded up $0.86 on Tuesday, hitting $62.69. 33,247,918 shares of the stock were exchanged, compared to its average volume of 45,600,719. The stock has a fifty day moving average price of $52.32 and a two-hundred day moving average price of $53.49. iShares Bitcoin Trust ETF has a 52-week low of $28.23 and a 52-week high of $63.70.

iShares Bitcoin Trust ETF Company Profile

(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.

Recommended Stories

Institutional Ownership by Quarter for iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Should You Invest $1,000 in iShares Bitcoin Trust ETF Right Now?

Before you consider iShares Bitcoin Trust ETF, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust ETF wasn't on the list.

While iShares Bitcoin Trust ETF currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines