Westwood Holdings Group Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 16,741 shares of the company's stock, valued at approximately $888,000.
A number of other institutional investors and hedge funds have also bought and sold shares of IBIT. Brevan Howard Capital Management LP bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at about $1,385,364,000. Symmetry Investments LP grew its stake in shares of iShares Bitcoin Trust ETF by 3,605.8% in the fourth quarter. Symmetry Investments LP now owns 12,678,808 shares of the company's stock worth $672,611,000 after acquiring an additional 12,336,673 shares during the period. Mubadala Investment Co PJSC bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth approximately $436,895,000. D. E. Shaw & Co. Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 344.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company's stock worth $512,857,000 after acquiring an additional 7,494,123 shares during the period. Finally, Jericho Capital Asset Management L.P. bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth approximately $378,140,000.
iShares Bitcoin Trust ETF Stock Performance
Shares of IBIT stock traded down $1.40 during trading hours on Friday, reaching $61.83. The company had a trading volume of 61,313,559 shares, compared to its average volume of 45,736,426. The business has a fifty day moving average price of $52.05 and a 200-day moving average price of $53.23. iShares Bitcoin Trust ETF has a one year low of $28.23 and a one year high of $63.70.
About iShares Bitcoin Trust ETF
(
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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