Riverview Capital Advisers LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 4,835 shares of the company's stock, valued at approximately $256,000.
Other large investors have also recently modified their holdings of the company. Vision Financial Markets LLC bought a new position in iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at approximately $25,000. City Holding Co. boosted its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after acquiring an additional 238 shares during the last quarter. Stephens Consulting LLC boosted its position in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after acquiring 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, reaching $59.20. 37,014,984 shares of the stock traded hands, compared to its average volume of 44,674,402. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The company's 50 day moving average is $50.61 and its 200 day moving average is $52.55.
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.
Further Reading
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
