RVW Wealth LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,091 shares of the company’s stock, valued at approximately $482,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in shares of iShares Bitcoin Trust by 42.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 108,497 shares of the company’s stock worth $3,704,000 after purchasing an additional 32,416 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth about $505,000. Thrivent Financial for Lutherans increased its stake in shares of iShares Bitcoin Trust by 12.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 15,505 shares of the company’s stock valued at $529,000 after acquiring an additional 1,748 shares during the last quarter. Bank of Montreal Can raised its position in shares of iShares Bitcoin Trust by 0.5% in the 2nd quarter. Bank of Montreal Can now owns 134,332 shares of the company’s stock valued at $4,586,000 after acquiring an additional 723 shares during the period. Finally, Marshall Wace LLP bought a new position in iShares Bitcoin Trust during the 2nd quarter worth approximately $3,581,000.
iShares Bitcoin Trust Price Performance
Shares of IBIT stock opened at $59.67 on Thursday. iShares Bitcoin Trust has a 12-month low of $24.13 and a 12-month high of $61.75. The firm has a fifty day moving average of $55.98 and a 200-day moving average of $43.80.
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.
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