Clearline Capital LP cut its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 75.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,566 shares of the company's stock after selling 188,052 shares during the quarter. Clearline Capital LP's holdings in iShares Bitcoin Trust were worth $3,213,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the business. Franklin Resources Inc. bought a new stake in iShares Bitcoin Trust during the third quarter worth about $1,107,000. Diversified Trust Co bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $1,336,000. ORG Partners LLC grew its stake in shares of iShares Bitcoin Trust by 346.9% in the 4th quarter. ORG Partners LLC now owns 10,208 shares of the company's stock worth $542,000 after buying an additional 7,924 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in iShares Bitcoin Trust by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company's stock valued at $4,713,000 after buying an additional 320 shares in the last quarter. Finally, Ridgewood Investments LLC raised its stake in iShares Bitcoin Trust by 76.7% during the fourth quarter. Ridgewood Investments LLC now owns 6,980 shares of the company's stock valued at $370,000 after buying an additional 3,030 shares during the last quarter.
iShares Bitcoin Trust Trading Up 1.8 %
iShares Bitcoin Trust stock traded up $1.04 during mid-day trading on Friday, hitting $58.66. The company had a trading volume of 36,276,376 shares, compared to its average volume of 45,032,004. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The stock's 50 day moving average price is $49.60 and its two-hundred day moving average price is $51.89.
About iShares Bitcoin Trust
(
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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