J. Goldman & Co LP reduced its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 60.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,000 shares of the company's stock after selling 12,250 shares during the quarter. J. Goldman & Co LP's holdings in iShares Bitcoin Trust were worth $424,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the stock. Franklin Resources Inc. bought a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth about $1,107,000. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Bitcoin Trust by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company's stock valued at $4,713,000 after purchasing an additional 320 shares during the period. HBW Advisory Services LLC bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $239,000. Aprio Wealth Management LLC purchased a new stake in iShares Bitcoin Trust during the fourth quarter valued at about $1,159,000. Finally, Fiduciary Alliance LLC lifted its stake in iShares Bitcoin Trust by 10.5% in the fourth quarter. Fiduciary Alliance LLC now owns 243,311 shares of the company's stock worth $12,908,000 after purchasing an additional 23,138 shares during the last quarter.
iShares Bitcoin Trust Price Performance
Shares of IBIT stock traded down $0.07 during mid-day trading on Thursday, reaching $58.67. The stock had a trading volume of 33,119,675 shares, compared to its average volume of 44,753,500. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The stock's 50-day moving average price is $50.10 and its two-hundred day moving average price is $52.22.
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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