Scotia Capital Inc. boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 27.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 63,885 shares of the company’s stock after acquiring an additional 13,847 shares during the quarter. Scotia Capital Inc.’s holdings in iShares Bitcoin Trust were worth $3,389,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of IBIT. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust in the fourth quarter worth approximately $25,000. City Holding Co. increased its holdings in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC boosted its stake in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC boosted its stake in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after acquiring an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Up 5.5 %
Shares of iShares Bitcoin Trust stock opened at $47.67 on Friday. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The stock’s fifty day moving average is $49.70 and its 200-day moving average is $49.66.
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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