Roanoke Asset Management Corp NY acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,325 shares of the company’s stock, valued at approximately $229,000.
Other large investors have also recently added to or reduced their stakes in the company. Financial Security Advisor Inc. bought a new position in shares of iShares Bitcoin Trust during the fourth quarter worth approximately $279,000. Verus Capital Partners LLC acquired a new stake in iShares Bitcoin Trust during the fourth quarter worth approximately $341,000. AWM Capital LLC bought a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $492,000. Proficio Capital Partners LLC grew its holdings in shares of iShares Bitcoin Trust by 6,401.8% during the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after purchasing an additional 4,573,794 shares in the last quarter. Finally, Central Asset Investments & Management Holdings HK Ltd increased its position in shares of iShares Bitcoin Trust by 79.7% in the fourth quarter. Central Asset Investments & Management Holdings HK Ltd now owns 52,100 shares of the company’s stock worth $2,764,000 after purchasing an additional 23,100 shares during the period.
iShares Bitcoin Trust Stock Down 2.3 %
IBIT opened at $54.11 on Wednesday. iShares Bitcoin Trust has a twelve month low of $27.51 and a twelve month high of $61.75. The company has a 50-day simple moving average of $56.36 and a 200 day simple moving average of $45.04.
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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