Aptus Capital Advisors LLC boosted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 53.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,537 shares of the company’s stock after purchasing an additional 5,083 shares during the period. Aptus Capital Advisors LLC’s holdings in iShares Bitcoin Trust were worth $525,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its position in iShares Bitcoin Trust by 117.9% during the 3rd quarter. Private Advisor Group LLC now owns 335,820 shares of the company’s stock worth $12,133,000 after purchasing an additional 181,700 shares in the last quarter. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust during the 3rd quarter valued at $323,337,000. Kingsview Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust during the 1st quarter valued at $1,403,000. Axxcess Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust during the 1st quarter valued at $965,000. Finally, Pachira Investments Inc. purchased a new position in shares of iShares Bitcoin Trust during the 3rd quarter valued at $1,214,000.
iShares Bitcoin Trust Stock Performance
iShares Bitcoin Trust stock opened at $52.13 on Friday. The company’s fifty day simple moving average is $37.95 and its 200-day simple moving average is $36.62. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $53.26.
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.
Further Reading
- Five stocks we like better than iShares Bitcoin Trust
- Technology Stocks Explained: Here’s What to Know About Tech
- How Whitestone REIT Is Transforming Sun Belt Retail Growth
- What is the Hang Seng index?
- Top-Performing Non-Leveraged ETFs This Year
- ESG Stocks, What Investors Should Know
- Rivian’s Wild Ride: Is the Dip a Buying Opportunity?
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.