Stifel Financial Corp bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 6,251 shares of the company's stock, valued at approximately $332,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of IBIT. OneDigital Investment Advisors LLC grew its position in shares of iShares Bitcoin Trust by 54.1% during the fourth quarter. OneDigital Investment Advisors LLC now owns 14,536 shares of the company's stock worth $771,000 after buying an additional 5,102 shares in the last quarter. SkyBridge Capital II LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $9,417,000. Tradition Wealth Management LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter worth about $330,000. Seaview Investment Managers LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter worth about $342,000. Finally, JBF Capital Inc. increased its stake in iShares Bitcoin Trust by 18.8% in the 4th quarter. JBF Capital Inc. now owns 247,000 shares of the company's stock worth $13,103,000 after purchasing an additional 39,000 shares in the last quarter.
iShares Bitcoin Trust Price Performance
Shares of IBIT opened at $59.62 on Wednesday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business's 50-day moving average price is $49.91 and its 200 day moving average price is $52.17.
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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