iShares Bitcoin Trust ETF (NASDAQ:IBIT – Get Free Report) saw strong trading volume on Thursday . 33,081,701 shares were traded during trading, a decline of 37% from the previous session’s volume of 52,259,094 shares.The stock last traded at $40.62 and had previously closed at $38.78.
iShares Bitcoin Trust ETF Stock Up 6.0%
The stock has a 50 day simple moving average of $36.25 and a 200-day simple moving average of $39.10.
Institutional Investors Weigh In On iShares Bitcoin Trust ETF
Several large investors have recently bought and sold shares of IBIT. Marshall & Sterling Wealth Advisors Inc. lifted its position in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the last quarter. Vermillion & White Wealth Management Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 637.5% in the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock worth $26,000 after buying an additional 459 shares during the last quarter. Sfam LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $26,000. Allied Private Wealth LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth about $28,000. Finally, Semmax Financial Advisors Inc. raised its position in shares of iShares Bitcoin Trust ETF by 135.9% during the 2nd quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock valued at $33,000 after buying an additional 284 shares in the last quarter.
iShares Bitcoin Trust ETF 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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