Green Ridge Wealth Planning LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 24,378 shares of the company’s stock, valued at approximately $1,210,000.
A number of other institutional investors have also recently bought and sold shares of IBIT. Morgan Stanley increased its stake in shares of iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after purchasing an additional 2,374,482 shares in the last quarter. Mubadala Investment Co PJSC lifted its position in iShares Bitcoin Trust ETF by 45.6% in the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after buying an additional 3,975,351 shares during the last quarter. Laurore Ltd purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at about $436,239,000. Al Warda Investments RSC Ltd boosted its holdings in iShares Bitcoin Trust ETF by 3.2% during the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after acquiring an additional 255,319 shares during the period. Finally, Schonfeld Strategic Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 19.2% in the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after purchasing an additional 1,093,183 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ IBIT opened at $35.62 on Friday. The stock has a 50 day simple moving average of $41.54 and a two-hundred day simple moving average of $43.73. iShares Bitcoin Trust ETF has a fifty-two week low of $33.48 and a fifty-two week high of $71.82.
About iShares Bitcoin Trust ETF
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.
Further Reading
- Five stocks we like better than iShares Bitcoin Trust ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust ETF and related companies with MarketBeat.com's FREE daily email newsletter.
