NBC Securities Inc. Buys New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

NBC Securities Inc. bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,470 shares of the company’s stock, valued at approximately $89,000.

Several other hedge funds have also made changes to their positions in the stock. Bfsg LLC lifted its stake in iShares Bitcoin Trust by 34.7% during the second quarter. Bfsg LLC now owns 1,360 shares of the company’s stock worth $46,000 after purchasing an additional 350 shares during the period. Doliver Advisors LP raised its stake in shares of iShares Bitcoin Trust by 4.9% in the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after acquiring an additional 350 shares during the last quarter. Cedar Mountain Advisors LLC raised its stake in shares of iShares Bitcoin Trust by 39.1% in the second quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company’s stock valued at $46,000 after acquiring an additional 383 shares during the last quarter. Mirador Capital Partners LP raised its stake in shares of iShares Bitcoin Trust by 4.0% in the third quarter. Mirador Capital Partners LP now owns 10,057 shares of the company’s stock valued at $363,000 after acquiring an additional 384 shares during the last quarter. Finally, Csenge Advisory Group raised its stake in shares of iShares Bitcoin Trust by 3.0% in the second quarter. Csenge Advisory Group now owns 14,477 shares of the company’s stock valued at $494,000 after acquiring an additional 423 shares during the last quarter.

iShares Bitcoin Trust Trading Up 2.7 %

NASDAQ:IBIT opened at $39.07 on Monday. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $41.99. The firm has a 50 day moving average of $34.80 and a 200-day moving average of $36.00.

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.