Busey Bank bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 13,279 shares of the company’s stock, valued at approximately $704,000.
A number of other institutional investors have also recently bought and sold shares of the stock. Vienna Asset Management LLC raised its holdings in shares of iShares Bitcoin Trust by 131.6% during the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after acquiring an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC bought a new position in iShares Bitcoin Trust during the 3rd quarter worth about $656,000. Andina Capital Management LLC raised its stake in shares of iShares Bitcoin Trust by 131.0% in the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after purchasing an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in shares of iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock worth $1,357,000 after buying an additional 9,266 shares during the period. Finally, Mutual Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after buying an additional 62,338 shares during the period.
iShares Bitcoin Trust Price Performance
Shares of iShares Bitcoin Trust stock opened at $59.72 on Friday. The business’s 50 day simple moving average is $56.09 and its 200 day simple moving average is $43.91. iShares Bitcoin Trust has a 52-week low of $24.13 and a 52-week high of $61.75.
iShares Bitcoin Trust 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.
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