iShares Bitcoin Trust ETF $IBIT Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 35.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 648,913 shares of the company’s stock after purchasing an additional 168,720 shares during the period. Corient Private Wealth LLC’s holdings in iShares Bitcoin Trust ETF were worth $32,067,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IBIT. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $45,000. Redwood Family Wealth LLC acquired a new stake in iShares Bitcoin Trust ETF in the 4th quarter valued at $293,000. Cedarwood Wealth LLC purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth $256,000. Compass Financial Group Inc. Ohio purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth $2,149,000. Finally, AG Campbell Advisory LLC acquired a new position in iShares Bitcoin Trust ETF during the fourth quarter worth $38,000.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $35.62 on Monday. iShares Bitcoin Trust ETF has a 52-week low of $33.48 and a 52-week high of $71.82. The firm’s fifty day simple moving average is $41.54 and its two-hundred day simple moving average is $43.69.

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.