Quintet Private Bank Europe S.A. Invests $53,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Quintet Private Bank Europe S.A. acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $53,000.

Several other large investors have also recently bought and sold shares of IBIT. International Assets Investment Management LLC raised its position in iShares Bitcoin Trust by 3,513.0% in the third quarter. International Assets Investment Management LLC now owns 32,517 shares of the company’s stock worth $1,175,000 after acquiring an additional 31,617 shares in the last quarter. Pettinga Financial Advisors LLC raised its position in iShares Bitcoin Trust by 34.8% in the third quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock worth $312,000 after acquiring an additional 2,230 shares in the last quarter. Financial Advocates Investment Management purchased a new position in iShares Bitcoin Trust in the third quarter worth $224,000. US Bancorp DE raised its position in iShares Bitcoin Trust by 19.0% in the third quarter. US Bancorp DE now owns 206,763 shares of the company’s stock worth $7,470,000 after acquiring an additional 32,945 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in iShares Bitcoin Trust by 33.2% in the third quarter. Farther Finance Advisors LLC now owns 28,986 shares of the company’s stock worth $1,047,000 after acquiring an additional 7,220 shares in the last quarter.

iShares Bitcoin Trust Trading Up 2.1 %

NASDAQ:IBIT opened at $48.90 on Tuesday. The stock has a fifty day moving average price of $55.17 and a two-hundred day moving average price of $46.93. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.

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.