Stone House Investment Management LLC increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 45.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,756 shares of the company’s stock after purchasing an additional 550 shares during the quarter. Stone House Investment Management LLC’s holdings in iShares Bitcoin Trust were worth $63,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of IBIT. Creekmur Asset Management LLC acquired a new stake in shares of iShares Bitcoin Trust during the first quarter valued at about $30,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth approximately $26,000. Asset Dedication LLC increased its holdings in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in iShares Bitcoin Trust in the second quarter valued at approximately $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Bitcoin Trust during the second quarter worth $36,000.
iShares Bitcoin Trust Trading Up 4.4 %
Shares of IBIT traded up $2.29 during midday trading on Wednesday, hitting $53.99. 12,402,812 shares of the stock were exchanged, compared to its average volume of 33,621,340. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $56.86. The stock has a fifty day simple moving average of $41.27 and a 200 day simple moving average of $37.70.
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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