2 weeks Ago By ABMN Staff
Renaissance Technologies LLC acquired a new position in shares of iShares Bitcoin Trust ( NASDAQ:IBIT – Free Report ) during the 4th quarter, Holdings Channel.com reports. The firm acquired 83,500 shares of the company’s stock, valued at approximately $4,430,000.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Andina Capital Management LLC lifted its holdings in iShares Bitcoin Trust by 131.0% in the fourth quarter.
Andina Capital Management LLC now owns 17,152 shares of the company’s stock worth $910,000 after acquiring an additional 9,728 shares during the last quarter. B. Riley Wealth Advisors Inc.
boosted its position in iShares Bitcoin Trust by 32.2% during the 3rd quarter. B.
Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after purchasing an additional 9,266 shares during the period. Mutual Advisors LLC grew its stake in iShares Bitcoin Trust by 65.
8% during the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after buying an additional 62,338 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new stake in iShares Bitcoin Trust in the third quarter valued at $656,000.
Finally, Stordahl Capital Management Inc. acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $253,000. iShares Bitcoin Trust Stock Up 3.
0 % IBIT stock opened at $49.72 on Tuesday. The firm’s 50-day simple moving average is $48.
91 and its 200 day simple moving average is $50.29. 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. Read More 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.com's FREE daily email newsletter .
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