Patton Albertson Miller Group LLC raised its stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 122.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,581 shares of the company’s stock after purchasing an additional 16,261 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares Bitcoin Trust were worth $1,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also added to or reduced their stakes in IBIT. Glass Jacobson Investment Advisors llc acquired a new position in iShares Bitcoin Trust during the 2nd quarter valued at about $26,000. Asset Dedication LLC grew its stake in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the last quarter. Creekmur Asset Management LLC acquired a new position in shares of iShares Bitcoin Trust during the first quarter valued at about $30,000. International Assets Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust during the second quarter valued at about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at approximately $36,000.
iShares Bitcoin Trust Price Performance
NASDAQ:IBIT opened at $54.02 on Tuesday. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $56.86. The company’s 50 day moving average is $40.92 and its two-hundred day moving average is $37.58.
iShares Bitcoin Trust 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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