J. Safra Sarasin Holding AG acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 19,548 shares of the company's stock, valued at approximately $1,037,000.
Several other hedge funds have also modified their holdings of IBIT. Union Savings Bank bought a new position in iShares Bitcoin Trust in the 4th quarter valued at $25,000. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust during the 4th quarter worth $25,000. City Holding Co. increased its stake in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after buying an additional 238 shares during the period. Stephens Consulting LLC raised its holdings in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC lifted its stake in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after acquiring an additional 302 shares during the period.
iShares Bitcoin Trust Trading Up 1.9 %
Shares of NASDAQ:IBIT traded up $1.01 during trading hours on Friday, hitting $54.27. The company's stock had a trading volume of 48,008,306 shares, compared to its average volume of 46,148,855. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The firm's fifty day moving average price is $48.79 and its 200 day moving average price is $50.80.
iShares Bitcoin Trust Company Profile
(
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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