Nokomis Capital L.L.C. bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 51,100 shares of the company's stock, valued at approximately $2,711,000. iShares Bitcoin Trust accounts for about 1.0% of Nokomis Capital L.L.C.'s holdings, making the stock its 29th largest position.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. City Holding Co. boosted its position in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC boosted its position in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares during the last quarter.
iShares Bitcoin Trust Stock Up 0.9%
Shares of NASDAQ:IBIT traded up $0.53 during midday trading on Friday, hitting $59.20. The company had a trading volume of 37,014,984 shares, 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 firm has a fifty day simple moving average of $50.61 and a 200 day simple moving average of $52.47.
iShares Bitcoin Trust Company 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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