iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by DeDora Capital Inc.

DeDora Capital Inc. increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 8.5% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,318 shares of the company’s stock after purchasing an additional 882 shares during the quarter. DeDora Capital Inc.’s holdings in iShares Bitcoin Trust were worth $409,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBIT. Foundations Investment Advisors LLC grew its position in shares of iShares Bitcoin Trust by 79.6% in the third quarter. Foundations Investment Advisors LLC now owns 252,791 shares of the company’s stock valued at $9,133,000 after purchasing an additional 112,069 shares during the period. Winch Advisory Services LLC purchased a new stake in shares of iShares Bitcoin Trust in the third quarter valued at $107,000. Venture Visionary Partners LLC purchased a new stake in shares of iShares Bitcoin Trust in the third quarter valued at $350,000. Genesee Capital Advisors LLC grew its position in shares of iShares Bitcoin Trust by 0.9% in the third quarter. Genesee Capital Advisors LLC now owns 46,688 shares of the company’s stock valued at $1,687,000 after purchasing an additional 410 shares during the period. Finally, Narus Financial Partners LLC grew its position in iShares Bitcoin Trust by 21.4% during the third quarter. Narus Financial Partners LLC now owns 9,633 shares of the company’s stock valued at $348,000 after acquiring an additional 1,699 shares during the period.

iShares Bitcoin Trust Price Performance

IBIT stock traded down $0.61 during trading on Tuesday, reaching $37.96. 2,723,468 shares of the stock traded hands, compared to its average volume of 30,178,469. The business’s 50 day moving average price is $34.90 and its 200-day moving average price is $35.99. 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.