iShares Bitcoin Trust (NASDAQ:IBIT) Holdings Lifted by DT Investment Partners LLC

DT Investment Partners LLC raised its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 135.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,033 shares of the company’s stock after purchasing an additional 595 shares during the quarter. DT Investment Partners LLC’s holdings in iShares Bitcoin Trust were worth $55,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in IBIT. Truist Financial Corp increased its position in iShares Bitcoin Trust by 17.2% in the 2nd quarter. Truist Financial Corp now owns 9,801 shares of the company’s stock valued at $335,000 after acquiring an additional 1,436 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of iShares Bitcoin Trust during the 2nd quarter worth about $392,000. Creative Planning increased its position in shares of iShares Bitcoin Trust by 0.9% during the 3rd quarter. Creative Planning now owns 186,104 shares of the company’s stock valued at $6,724,000 after purchasing an additional 1,632 shares during the period. NBC Securities Inc. acquired a new position in iShares Bitcoin Trust during the third quarter worth about $89,000. Finally, Asset Dedication LLC raised its holdings in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares in the last quarter.

iShares Bitcoin Trust Price Performance

IBIT opened at $54.74 on Friday. The business has a fifty day simple moving average of $56.33 and a 200-day simple moving average of $45.22. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.

iShares Bitcoin Trust 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.