NewEdge Wealth LLC grew its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 103.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 543,422 shares of the company’s stock after acquiring an additional 275,969 shares during the period. NewEdge Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $26,981,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Laurore Ltd purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $436,239,000. 59 North Capital Management LP bought a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at $169,100,000. Consolidated Portfolio Review Corp lifted its position in shares of iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after buying an additional 2,134,334 shares during the last quarter. Sculptor Capital LP grew its stake in shares of iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after acquiring an additional 1,673,788 shares during the period. Finally, Mariner Investment Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 142.3% during the 3rd quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock worth $130,981,000 after acquiring an additional 1,183,414 shares during the period.
iShares Bitcoin Trust ETF Price Performance
Shares of IBIT opened at $45.41 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82. The business has a 50-day moving average of $40.93 and a 200 day moving average of $47.28.
iShares Bitcoin Trust ETF 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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