Manatuck Hill Partners LLC Purchases New Shares in iShares Bitcoin Trust ETF $IBIT

Manatuck Hill Partners LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, Holdings Channel.com reports. The fund purchased 15,000 shares of the company’s stock, valued at approximately $745,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBIT. Chapman Financial Group LLC acquired a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at $25,000. Marshall & Sterling Wealth Advisors Inc. increased its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the period. Key Capital Management INC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $26,000. Sfam LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $26,000. Finally, Anchor Investment Management LLC increased its stake in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after buying an additional 305 shares during the period.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $36.36 on Thursday. The stock has a fifty day moving average of $41.71 and a 200-day moving average of $43.90. iShares Bitcoin Trust ETF has a 52 week low of $33.48 and a 52 week high of $71.82.

About iShares Bitcoin Trust ETF

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.