AlphaMark Advisors LLC bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,540 shares of the company’s stock, valued at approximately $103,000.
Other hedge funds have also recently bought and sold shares of the company. Signal Advisors Wealth LLC bought a new stake in shares of iShares Bitcoin Trust during the first quarter worth about $832,000. LexAurum Advisors LLC acquired a new position in iShares Bitcoin Trust in the 1st quarter valued at approximately $485,000. Salem Investment Counselors Inc. acquired a new position in shares of iShares Bitcoin Trust during the first quarter worth $41,000. Catalyst Private Wealth LLC bought a new stake in shares of iShares Bitcoin Trust in the first quarter worth $212,000. Finally, Traynor Capital Management Inc. acquired a new stake in iShares Bitcoin Trust in the first quarter valued at $3,666,000.
iShares Bitcoin Trust Stock Up 5.4 %
Shares of IBIT stock traded up $1.86 during trading hours on Monday, hitting $36.00. 18,453,494 shares of the company were exchanged, compared to its average volume of 32,280,883. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The company’s 50 day simple moving average is $37.14.
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.
Featured Stories
- Five stocks we like better than iShares Bitcoin Trust
- Health Care Stocks Explained: Why You Might Want to Invest
- These Top 3 Banks Raise Dividends After Passing Fed Stress Test
- Insider Trades May Not Tell You What You Think
- Hitch a Ride with Lyft Stock for Double-Digit Gains in 2nd Half
- How to Invest in Insurance Companies: A GuideĀ
- Eli Lilly Stock Up: GLP-1 Zepbound Targets Sleep Apnea Market
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).
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.