Ionic Capital Management LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 10,000 shares of the company's stock, valued at approximately $530,000.
Several other large investors also recently bought and sold shares of IBIT. K2 Principal Fund L.P. lifted its stake in shares of iShares Bitcoin Trust by 12.5% during the fourth quarter. K2 Principal Fund L.P. now owns 270,000 shares of the company's stock worth $14,324,000 after buying an additional 29,999 shares during the period. Guardian Wealth Advisors LLC NC purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $294,000. Greenline Partners LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at about $129,000. Ewing Morris & Co. Investment Partners Ltd. purchased a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $2,433,000. Finally, Fairview Capital Investment Management LLC purchased a new stake in iShares Bitcoin Trust in the 4th quarter worth approximately $542,000.
iShares Bitcoin Trust Price Performance
Shares of NASDAQ:IBIT traded up $0.53 during trading on Friday, hitting $59.20. 36,922,711 shares of the stock traded hands, compared to its average volume of 44,671,461. The company has a fifty day moving average price of $50.37 and a two-hundred day moving average price of $52.35. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.
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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