Nicholas Investment Partners LP bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 59,621 shares of the company's stock, valued at approximately $3,163,000.
Other hedge funds have also recently modified their holdings of the company. Nokomis Capital L.L.C. purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $2,711,000. NorthRock Partners LLC bought a new stake in iShares Bitcoin Trust in the fourth quarter worth $275,000. Obermeyer Wealth Partners bought a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at about $233,000. Measured Risk Portfolios Inc. bought a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at about $67,000. Finally, Morse Asset Management Inc purchased a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at about $53,000.
iShares Bitcoin Trust Price Performance
Shares of NASDAQ IBIT traded up $0.53 during midday trading on Friday, hitting $59.20. 37,014,984 shares of the company traded hands, compared to its average volume of 44,674,402. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The stock has a 50-day moving average price of $50.61 and a 200 day moving average price of $52.47.
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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