Columbus Macro LLC Buys 14,284 Shares of iShares Bitcoin Trust ETF $IBIT

Columbus Macro LLC boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 77.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 32,830 shares of the company’s stock after buying an additional 14,284 shares during the period. Columbus Macro LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,630,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $711,000. Bison Wealth LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter worth $3,140,000. Royal Bank of Canada increased its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after buying an additional 2,148 shares during the period. Jones Financial Companies Lllp raised its holdings in iShares Bitcoin Trust ETF by 427.2% during the 1st quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock valued at $102,000 after buying an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in iShares Bitcoin Trust ETF during the 2nd quarter valued at $357,000.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $37.40 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The firm has a fifty day simple moving average of $41.56 and a two-hundred day simple moving average of $51.77.

iShares Bitcoin Trust ETF 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.