2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. grew its stake in shares of iShares Bitcoin Trust ( NASDAQ:IBIT – Free Report ) by 58.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 206,636 shares of the company’s stock after buying an additional 75,945 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares Bitcoin Trust were worth $10,962,000 at the end of the most recent quarter.
Several other large investors have also recently modified their holdings of the stock. Orion Portfolio Solutions LLC increased its stake in iShares Bitcoin Trust by 9.4% in the 3rd quarter.
Orion Portfolio Solutions LLC now owns 8,101 shares of the company’s stock worth $293,000 after purchasing an additional 694 shares during the period. SOA Wealth Advisors LLC. grew its holdings in shares of iShares Bitcoin Trust by 38.
5% in the third quarter. SOA Wealth Advisors LLC. now owns 1,619 shares of the company’s stock worth $58,000 after purchasing an additional 450 shares during the last quarter.
Pine Valley Investments Ltd Liability Co purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth $353,000. World Investment Advisors LLC raised its holdings in iShares Bitcoin Trust by 31.1% during the 3rd quarter.
World Investment Advisors LLC now owns 11,888 shares of the company’s stock valued at $430,000 after buying an additional 2,823 shares during the last quarter. Finally, Tidal Investments LLC boosted its position in iShares Bitcoin Trust by 12.4% during the 3rd quarter.
Tidal Investments LLC now owns 228,354 shares of the company’s stock valued at $8,250,000 after buying an additional 25,232 shares during the period. iShares Bitcoin Trust Stock Performance IBIT stock opened at $48.26 on Friday.
The firm’s 50-day moving average price is $49.13 and its two-hundred day moving average price is $49.88.
iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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.
Featured Stories 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 ( NASDAQ:IBIT – Free Report ). Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.
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