Captrust Financial Advisors lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 43.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 135,297 shares of the company’s stock after acquiring an additional 41,202 shares during the period. Captrust Financial Advisors’ holdings in iShares Bitcoin Trust were worth $7,178,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth $1,107,000. Diversified Trust Co bought a new stake in iShares Bitcoin Trust in the 4th quarter worth about $1,336,000. ORG Partners LLC raised its position in iShares Bitcoin Trust by 346.9% in the 4th quarter. ORG Partners LLC now owns 10,208 shares of the company’s stock worth $542,000 after buying an additional 7,924 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in iShares Bitcoin Trust by 0.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock valued at $4,713,000 after acquiring an additional 320 shares during the period. Finally, Ridgewood Investments LLC boosted its holdings in shares of iShares Bitcoin Trust by 76.7% during the 4th quarter. Ridgewood Investments LLC now owns 6,980 shares of the company’s stock valued at $370,000 after acquiring an additional 3,030 shares during the last quarter.
iShares Bitcoin Trust Price Performance
IBIT opened at $57.52 on Friday. The firm has a 50 day moving average price of $49.42 and a 200-day moving average price of $51.65. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.
About iShares Bitcoin Trust
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
- Five stocks we like better than iShares Bitcoin Trust
- Investing in the High PE Growth Stocks
- IBM’s AI Offensive: Assessing IBM’s Path to Renewed Growth
- Compound Interest and Why It Matters When Investing
- Rockwell Automation: Tailwinds From Onshoring U.S. Production
- Earnings Per Share Calculator: How to Calculate EPS
- Is Energy Transfer Undervalued or a Value Trap?
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.
