MGO One Seven LLC lifted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 64.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 62,631 shares of the company's stock after acquiring an additional 24,627 shares during the quarter. MGO One Seven LLC's holdings in iShares Bitcoin Trust were worth $3,323,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in IBIT. Stephens Consulting LLC grew its position in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after buying an additional 189 shares in the last quarter. AlphaMark Advisors LLC increased its position in shares of iShares Bitcoin Trust by 8.9% in the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after purchasing an additional 200 shares during the last quarter. Pathway Financial Advisers LLC grew its stake in iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after purchasing an additional 230 shares in the last quarter. SouthState Corp grew its stake in iShares Bitcoin Trust by 5.5% in the fourth quarter. SouthState Corp now owns 4,411 shares of the company's stock worth $234,000 after purchasing an additional 230 shares in the last quarter. Finally, Mosley Wealth Management lifted its holdings in iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company's stock worth $496,000 after buying an additional 231 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
IBIT traded down $0.94 during trading hours on Monday, hitting $53.33. 21,310,613 shares of the stock were exchanged, compared to its average volume of 45,813,953. The stock has a 50-day simple moving average of $48.79 and a 200-day simple moving average of $50.80. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month 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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