Hurley Capital LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, Holdings Channel reports. The fund purchased 16,117 shares of the company’s stock, valued at approximately $902,000.
Other hedge funds have also recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in iShares Bitcoin Trust by 17.4% during the third quarter. Integrated Wealth Concepts LLC now owns 37,552 shares of the company’s stock valued at $1,357,000 after purchasing an additional 5,554 shares in the last quarter. WESCAP Management Group Inc. lifted its stake in shares of iShares Bitcoin Trust by 6.5% during the 3rd quarter. WESCAP Management Group Inc. now owns 24,899 shares of the company’s stock valued at $900,000 after buying an additional 1,528 shares in the last quarter. Vienna Asset Management LLC boosted its holdings in iShares Bitcoin Trust by 131.6% in the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after buying an additional 15,137 shares during the period. Kovitz Investment Group Partners LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth $526,000. Finally, Insigneo Advisory Services LLC raised its holdings in iShares Bitcoin Trust by 2.7% during the third quarter. Insigneo Advisory Services LLC now owns 58,636 shares of the company’s stock valued at $2,119,000 after acquiring an additional 1,532 shares during the period.
iShares Bitcoin Trust Stock Performance
Shares of iShares Bitcoin Trust stock opened at $47.71 on Friday. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The stock’s 50-day simple moving average is $51.45 and its 200-day simple moving average is $49.18.
About iShares Bitcoin Trust
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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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 (NASDAQ:IBIT – Free Report).
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