iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Tamar Securities LLC

Tamar Securities LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 16.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,856 shares of the company’s stock after acquiring an additional 1,799 shares during the period. Tamar Securities LLC’s holdings in iShares Bitcoin Trust were worth $464,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IBIT. Signal Advisors Wealth LLC acquired a new position in iShares Bitcoin Trust in the first quarter valued at approximately $832,000. LexAurum Advisors LLC acquired a new position in iShares Bitcoin Trust during the first quarter worth $485,000. Salem Investment Counselors Inc. acquired a new position in iShares Bitcoin Trust during the first quarter worth $41,000. Catalyst Private Wealth LLC acquired a new position in iShares Bitcoin Trust during the first quarter worth $212,000. Finally, Traynor Capital Management Inc. acquired a new position in iShares Bitcoin Trust during the first quarter worth $3,666,000.

iShares Bitcoin Trust Stock Performance

NASDAQ:IBIT opened at $38.58 on Thursday. The stock’s fifty day moving average is $34.63 and its two-hundred day moving average is $36.01. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $41.99.

iShares Bitcoin Trust Company 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.