Stone House Investment Management LLC boosted its position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 45.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,756 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Stone House Investment Management LLC’s holdings in iShares Bitcoin Trust were worth $63,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC purchased a new stake in shares of iShares Bitcoin Trust in the first quarter valued at approximately $30,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth $26,000. Asset Dedication LLC boosted its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after acquiring an additional 279 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter valued at about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares Bitcoin Trust in the second quarter valued at about $36,000.
iShares Bitcoin Trust Price Performance
IBIT stock traded up $2.29 during trading on Wednesday, reaching $53.99. 12,402,812 shares of the stock were exchanged, compared to its average volume of 33,621,340. The business has a 50 day moving average price of $41.27 and a 200-day moving average price of $37.70. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $56.86.
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.
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