Headlands Technologies LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,975 shares of the company’s stock, valued at approximately $282,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Brookstone Capital Management bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth approximately $7,017,000. Financial Sense Advisors Inc. bought a new stake in iShares Bitcoin Trust in the first quarter worth $1,278,000. Traynor Capital Management Inc. purchased a new stake in iShares Bitcoin Trust during the first quarter valued at about $3,666,000. Kingswood Wealth Advisors LLC purchased a new stake in iShares Bitcoin Trust during the first quarter valued at about $3,983,000. Finally, Amtrust Financial Services Inc. bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter valued at about $1,416,000.
iShares Bitcoin Trust Price Performance
IBIT traded up $0.02 on Wednesday, hitting $37.19. 4,440,490 shares of the company were exchanged, compared to its average volume of 31,407,492. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $41.99. The stock’s fifty day moving average price is $36.79.
iShares Bitcoin Trust Company 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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