MGO One Seven LLC Grows Stake in iShares Bitcoin Trust ETF $IBIT

MGO One Seven LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 16.2% in the 4th quarter, Holdings Channel reports. The firm owned 106,443 shares of the company’s stock after purchasing an additional 14,839 shares during the period. MGO One Seven LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,285,000 at the end of the most recent reporting period.

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

iShares Bitcoin Trust ETF Trading Up 0.0%

Shares of IBIT opened at $45.41 on Friday. The stock has a 50 day moving average price of $40.93 and a 200 day moving average price of $47.28. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year high of $71.82.

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.