Eagle Global Advisors LLC Has $1.23 Million Position in iShares Bitcoin Trust ETF $IBIT

Eagle Global Advisors LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 105.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,800 shares of the company’s stock after buying an additional 12,700 shares during the period. Eagle Global Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,231,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in IBIT. Sachetta LLC boosted its holdings in iShares Bitcoin Trust ETF by 793.0% in the third quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after acquiring an additional 341 shares during the last quarter. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $25,000. Key Capital Management INC bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $26,000. Anchor Investment Management LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares during the last quarter. Finally, Roble Belko & Company Inc increased its position in shares of iShares Bitcoin Trust ETF by 77.2% during the third quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $44.75 on Thursday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The firm has a fifty day simple moving average of $39.76 and a 200 day simple moving average of $48.77.

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.