SJS Investment Consulting Inc. trimmed its position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 35.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,539 shares of the company’s stock after selling 833 shares during the period. SJS Investment Consulting Inc.’s holdings in iShares Bitcoin Trust were worth $82,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at $779,000. Dynamic Advisor Solutions LLC lifted its holdings in iShares Bitcoin Trust by 72.8% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 11,796 shares of the company’s stock valued at $626,000 after acquiring an additional 4,968 shares during the last quarter. Aspiring Ventures LLC bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $256,000. Fifth Third Bancorp grew its stake in shares of iShares Bitcoin Trust by 36.3% in the 4th quarter. Fifth Third Bancorp now owns 8,450 shares of the company’s stock worth $448,000 after purchasing an additional 2,250 shares during the last quarter. Finally, DGS Capital Management LLC bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $315,000.
iShares Bitcoin Trust Price Performance
IBIT stock opened at $59.70 on Friday. iShares Bitcoin Trust has a 12 month low of $22.58 and a 12 month high of $61.75. The firm has a 50 day simple moving average of $55.77 and a 200 day simple moving average of $43.30.
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.
Featured Articles
- Five stocks we like better than iShares Bitcoin Trust
- Breakout Stocks: What They Are and How to Identify Them
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- 3 Warren Buffett Stocks to Buy Now
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- MarketBeat Week in Review – 01/20 – 01/24
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.
