Doliver Advisors LP Increases Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Doliver Advisors LP boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 26.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,581 shares of the company’s stock after purchasing an additional 2,023 shares during the quarter. Doliver Advisors LP’s holdings in iShares Bitcoin Trust were worth $508,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of IBIT. Silverleafe Capital Partners LLC acquired a new position in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $734,000. CWA Asset Management Group LLC increased its holdings in iShares Bitcoin Trust by 17.1% in the 4th quarter. CWA Asset Management Group LLC now owns 106,184 shares of the company’s stock worth $5,633,000 after acquiring an additional 15,503 shares in the last quarter. Modus Advisors LLC purchased a new stake in iShares Bitcoin Trust in the 4th quarter worth $584,000. Franchise Capital Ltd acquired a new position in iShares Bitcoin Trust during the fourth quarter worth $5,005,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in 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 valued at $1,357,000 after purchasing an additional 9,266 shares in the last quarter.

iShares Bitcoin Trust Stock Up 3.9 %

Shares of IBIT stock traded up $2.16 on Monday, reaching $58.12. 39,394,735 shares of the company were exchanged, compared to its average volume of 37,426,883. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $61.75. The business has a 50-day moving average price of $51.97 and a 200 day moving average price of $41.05.

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.