StoneX Group Inc. bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 50,690 shares of the company’s stock, valued at approximately $2,689,000.
A number of other large investors also recently added to or reduced their stakes in the company. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. Vision Financial Markets LLC acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $25,000. City Holding Co. boosted its position in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares during the period. Stephens Consulting LLC grew its stake in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC increased its position in shares of iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after acquiring an additional 302 shares during the period.
iShares Bitcoin Trust Trading Up 3.2 %
Shares of NASDAQ IBIT opened at $48.30 on Wednesday. The business’s fifty day simple moving average is $52.14 and its 200-day simple moving average is $49.09. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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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