Orland Properties Ltd grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 511.2% in the first quarter, HoldingsChannel.com reports. The firm owned 47,825 shares of the company’s stock after acquiring an additional 40,000 shares during the period. iShares Bitcoin Trust ETF accounts for approximately 0.7% of Orland Properties Ltd’s investment portfolio, making the stock its 7th biggest holding. Orland Properties Ltd’s holdings in iShares Bitcoin Trust ETF were worth $1,837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Procyon Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 920.1% during the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after buying an additional 205,292 shares in the last quarter. Step Capital Management Pte. Ltd. purchased a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $3,724,000. Columbus Macro LLC grew its holdings in iShares Bitcoin Trust ETF by 77.0% during the 4th quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock valued at $1,630,000 after buying an additional 14,284 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $714,000.
iShares Bitcoin Trust ETF Price Performance
IBIT stock opened at $36.35 on Friday. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $71.82. The company’s fifty day moving average price is $38.24 and its 200-day moving average price is $41.60.
iShares Bitcoin Trust ETF Profile
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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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 ETF (NASDAQ:IBIT – Free Report).
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