Vivaldi Capital Management LP purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 5,712 shares of the company's stock, valued at approximately $329,000.
A number of other institutional investors have also recently made changes to their positions in IBIT. Franklin Resources Inc. purchased a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at about $1,107,000. Wealthcare Advisory Partners LLC purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at about $483,000. Merit Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at about $928,000. Trust Co. of Vermont boosted its holdings in shares of iShares Bitcoin Trust by 134.4% during the 4th quarter. Trust Co. of Vermont now owns 3,854 shares of the company's stock valued at $204,000 after acquiring an additional 2,210 shares during the last quarter. Finally, HB Wealth Management LLC boosted its holdings in shares of iShares Bitcoin Trust by 129.5% during the 4th quarter. HB Wealth Management LLC now owns 25,265 shares of the company's stock valued at $1,340,000 after acquiring an additional 14,254 shares during the last quarter.
iShares Bitcoin Trust Price Performance
IBIT opened at $59.99 on Tuesday. The company's 50 day moving average is $50.87 and its 200 day moving average is $52.79. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75.
iShares Bitcoin Trust Company 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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