Westwood Holdings Group Inc. acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,741 shares of the company's stock, valued at approximately $888,000.
Several other large investors have also bought and sold shares of IBIT. Andina Capital Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 131.0% in the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company's stock worth $910,000 after purchasing an additional 9,728 shares in the last quarter. Mutual Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 65.8% during the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company's stock valued at $8,967,000 after acquiring an additional 62,338 shares during the last quarter. Stordahl Capital Management Inc. bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $253,000. NINE MASTS CAPITAL Ltd grew its holdings in shares of iShares Bitcoin Trust ETF by 29.6% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock worth $80,541,000 after acquiring an additional 346,918 shares during the last quarter. Finally, Lake Street Advisors Group LLC raised its position in shares of iShares Bitcoin Trust ETF by 71.3% during the fourth quarter. Lake Street Advisors Group LLC now owns 40,791 shares of the company's stock worth $2,164,000 after purchasing an additional 16,982 shares during the period.
iShares Bitcoin Trust ETF Trading Down 2.2%
Shares of NASDAQ:IBIT traded down $1.40 during midday trading on Monday, reaching $61.83. The company had a trading volume of 61,313,559 shares, compared to its average volume of 45,736,426. The company has a fifty day simple moving average of $52.05 and a two-hundred day simple moving average of $53.37. iShares Bitcoin Trust ETF has a 1-year low of $28.23 and a 1-year high of $63.70.
iShares Bitcoin Trust ETF 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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