12,193 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by SAM Advisors LLC

SAM Advisors LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the third quarter, HoldingsChannel.com reports. The firm bought 12,193 shares of the company’s stock, valued at approximately $441,000.

A number of other hedge funds have also recently bought and sold shares of IBIT. Creekmur Asset Management LLC acquired a new position in shares of iShares Bitcoin Trust in the 1st quarter valued at $30,000. Glass Jacobson Investment Advisors llc acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at $26,000. Asset Dedication LLC boosted its holdings 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 valued at $29,000 after purchasing an additional 279 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust in the 2nd quarter valued at $31,000. Finally, BNP Paribas Financial Markets acquired a new position in shares of iShares Bitcoin Trust in the 1st quarter valued at $42,000.

iShares Bitcoin Trust Trading Down 0.0 %

Shares of IBIT opened at $51.04 on Thursday. The company’s fifty day moving average is $37.24 and its two-hundred day moving average is $36.42. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $53.26.

About iShares Bitcoin Trust

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.