Wolverine Asset Management LLC bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 35,495 shares of the company’s stock, valued at approximately $1,883,000.
Other institutional investors have also recently made changes to their positions in the company. Union Savings Bank purchased a new stake in iShares Bitcoin Trust during the fourth quarter valued at approximately $25,000. City Holding Co. increased 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 purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC raised its holdings in 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 buying an additional 189 shares during the period. Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after buying an additional 302 shares during the last quarter. Finally, Beacon Capital Management LLC purchased a new position in iShares Bitcoin Trust during the fourth quarter worth $28,000.
iShares Bitcoin Trust Trading Down 3.7 %
IBIT stock opened at $53.94 on Friday. The firm’s fifty day simple moving average is $56.15 and its two-hundred day simple moving average is $45.91. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.
About iShares Bitcoin Trust
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.
Featured Articles
- Five stocks we like better than iShares Bitcoin Trust
- What is Put Option Volume?
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- How to Plot Fibonacci Price Inflection Levels
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- Technology Stocks Explained: Here’s What to Know About Tech
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.
