iShares Bitcoin Trust (NASDAQ:IBIT – Get Free Report)’s share price were down 2.8% during mid-day trading on Wednesday . The stock traded as low as $33.99 and last traded at $34.76. Approximately 52,260,804 shares were traded during trading, an increase of 38% from the average daily volume of 37,783,375 shares. The stock had previously closed at $35.75.
iShares Bitcoin Trust Trading Down 2.8 %
The business has a 50-day moving average of $35.85.
Institutional Investors Weigh In On iShares Bitcoin Trust
Several hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC bought a new position in iShares Bitcoin Trust during the 1st quarter worth $30,000. Salem Investment Counselors Inc. acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at about $41,000. Catalyst Private Wealth LLC bought a new position in shares of iShares Bitcoin Trust during the first quarter worth about $212,000. Graybill Wealth Management LTD. bought a new position in shares of iShares Bitcoin Trust during the first quarter worth about $236,000. Finally, Investment Partners Asset Management Inc. acquired a new position in shares of iShares Bitcoin Trust in the first quarter worth approximately $249,000.
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