Trek Financial LLC lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 8.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 189,965 shares of the company’s stock after acquiring an additional 15,280 shares during the quarter. Trek Financial LLC’s holdings in iShares Bitcoin Trust ETF were worth $9,432,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of IBIT. Brighton Jones LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Bison Wealth LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $3,140,000. Royal Bank of Canada lifted its stake in iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in iShares Bitcoin Trust ETF by 427.2% in the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after purchasing an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in iShares Bitcoin Trust ETF in the second quarter valued at approximately $357,000.
iShares Bitcoin Trust ETF Trading Up 2.2%
iShares Bitcoin Trust ETF stock opened at $46.47 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The business’s 50 day simple moving average is $41.22 and its 200 day simple moving average is $47.03.
iShares Bitcoin Trust ETF 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 ETF (NASDAQ:IBIT – Free Report).
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