InterOcean Capital Group LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,071 shares of the company’s stock, valued at approximately $205,000.
A number of other institutional investors have also added to or reduced their stakes in the company. FinTrust Capital Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth about $26,000. Sound Income Strategies LLC bought a new position in shares of iShares Bitcoin Trust during the first quarter valued at approximately $30,000. Hazlett Burt & Watson Inc. purchased a new position in shares of iShares Bitcoin Trust during the first quarter valued at approximately $40,000. Bfsg LLC bought a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth approximately $41,000. Finally, Salem Investment Counselors Inc. purchased a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth approximately $41,000.
iShares Bitcoin Trust Price Performance
IBIT stock opened at $38.42 on Friday. The company’s 50 day moving average is $37.00. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $41.99.
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
- About the Markup Calculator
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
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.