Fiduciary Planning LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 14,956 shares of the company’s stock, valued at approximately $793,000.
Several other institutional investors and hedge funds have also modified their holdings of IBIT. Renaissance Technologies LLC purchased a new position in shares of iShares Bitcoin Trust during the second quarter valued at approximately $505,000. Thrivent Financial for Lutherans lifted its stake in shares of iShares Bitcoin Trust by 12.7% during the second quarter. Thrivent Financial for Lutherans now owns 15,505 shares of the company’s stock valued at $529,000 after buying an additional 1,748 shares during the period. NewEdge Advisors LLC lifted its stake in shares of iShares Bitcoin Trust by 40.7% during the second quarter. NewEdge Advisors LLC now owns 37,227 shares of the company’s stock valued at $1,271,000 after buying an additional 10,762 shares during the period. Truist Financial Corp lifted its stake in shares of iShares Bitcoin Trust by 17.2% during the second quarter. Truist Financial Corp now owns 9,801 shares of the company’s stock valued at $335,000 after buying an additional 1,436 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares Bitcoin Trust during the second quarter valued at approximately $392,000.
iShares Bitcoin Trust Price Performance
Shares of IBIT opened at $57.71 on Monday. The company’s 50 day simple moving average is $56.19 and its 200 day simple moving average is $44.22. iShares Bitcoin Trust has a 1 year low of $24.13 and a 1 year high of $61.75.
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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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).
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