Visionary Wealth Advisors grew its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 81.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,302 shares of the company's stock after buying an additional 34,693 shares during the quarter. Visionary Wealth Advisors' holdings in iShares Bitcoin Trust were worth $4,101,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IBIT. Vivaldi Capital Management LP bought a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at $329,000. Westwood Holdings Group Inc. acquired a new stake in iShares Bitcoin Trust during the 4th quarter valued at approximately $888,000. Two Sigma Investments LP lifted its position in shares of iShares Bitcoin Trust by 14.9% in the 4th quarter. Two Sigma Investments LP now owns 381,434 shares of the company's stock worth $20,235,000 after purchasing an additional 49,486 shares during the period. Tolleson Wealth Management Inc. bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at $1,145,000. Finally, Strategic Wealth Partners Ltd. bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at $654,000.
iShares Bitcoin Trust Trading Up 2.3%
IBIT stock traded up $1.44 during mid-day trading on Thursday, reaching $63.23. The company's stock had a trading volume of 66,164,646 shares, compared to its average volume of 45,570,383. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $63.70. The business's 50 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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