Diversified Trust Co Invests $1.34 Million in iShares Bitcoin Trust (NASDAQ:IBIT)

Diversified Trust Co acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 25,175 shares of the company’s stock, valued at approximately $1,336,000.

Other large investors have also added to or reduced their stakes in the company. PFG Investments LLC bought a new stake in iShares Bitcoin Trust during the 2nd quarter worth about $233,000. Choreo LLC bought a new stake in iShares Bitcoin Trust during the second quarter worth about $1,571,000. Van Hulzen Asset Management LLC acquired a new position in iShares Bitcoin Trust during the second quarter valued at approximately $342,000. Headlands Technologies LLC grew its stake in iShares Bitcoin Trust by 134.1% in the second quarter. Headlands Technologies LLC now owns 16,326 shares of the company’s stock valued at $557,000 after purchasing an additional 9,351 shares in the last quarter. Finally, MGO One Seven LLC acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth approximately $970,000.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $53.34 on Thursday. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $61.75. The stock has a 50 day moving average of $52.86 and a 200-day moving average of $41.44.

About iShares Bitcoin Trust

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.