Focus Partners Wealth cut its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 88.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 63,838 shares of the company's stock after selling 483,724 shares during the quarter. Focus Partners Wealth's holdings in iShares Bitcoin Trust were worth $3,647,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Ewing Morris & Co. Investment Partners Ltd. acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $2,433,000. Fairview Capital Investment Management LLC acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at about $542,000. Farallon Capital Management LLC grew its holdings in shares of iShares Bitcoin Trust by 404.1% during the 4th quarter. Farallon Capital Management LLC now owns 7,259,100 shares of the company's stock valued at $385,095,000 after purchasing an additional 5,819,100 shares during the last quarter. Circle Wealth Management LLC acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at approximately $272,000. Finally, Coastal Bridge Advisors LLC bought a new stake in iShares Bitcoin Trust during the 4th quarter worth $1,076,000.
iShares Bitcoin Trust Stock Down 0.1%
iShares Bitcoin Trust stock opened at $58.67 on Friday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The business has a 50 day moving average of $50.37 and a 200-day moving average of $52.35.
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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