Mirador Capital Partners LP Has $757,000 Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Mirador Capital Partners LP raised its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 41.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,262 shares of the company’s stock after purchasing an additional 4,205 shares during the quarter. Mirador Capital Partners LP’s holdings in iShares Bitcoin Trust were worth $757,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in IBIT. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust during the second quarter worth $26,000. Asset Dedication LLC raised its position in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. PSI Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at about $30,000. West Financial Advisors LLC bought a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at about $40,000. Finally, Brown Brothers Harriman & Co. bought a new stake in iShares Bitcoin Trust in the second quarter worth approximately $43,000.

iShares Bitcoin Trust Stock Performance

iShares Bitcoin Trust stock opened at $56.27 on Thursday. The stock’s 50 day moving average price is $54.29 and its two-hundred day moving average price is $42.14. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $61.75.

iShares Bitcoin Trust 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.