44,625 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Purpose Unlimited Inc.

Purpose Unlimited Inc. bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the fourth quarter, HoldingsChannel.com reports. The firm bought 44,625 shares of the company’s stock, valued at approximately $2,215,000.

Other institutional investors also recently bought and sold shares of the company. Rockefeller Capital Management L.P. grew its holdings in iShares Bitcoin Trust ETF by 31.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,566 shares of the company’s stock valued at $127,000 after purchasing an additional 608 shares during the last quarter. Osbon Capital Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $775,000. ARP Global Capital Ltd acquired a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $27,427,000. Green Ridge Wealth Planning LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $1,210,000. Finally, Advisortrust Partners LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $2,284,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a 52 week low of $33.48 and a 52 week high of $71.82. The company’s 50-day moving average price is $41.54 and its 200 day moving average price is $43.73.

iShares Bitcoin Trust ETF 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.