Barclays PLC Buys New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Market Beat
2025.04.16 08:58
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Barclays PLC has acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT), purchasing 2,473,064 shares valued at approximately $131.2 million in the fourth quarter. This acquisition represents about 0.38% of the trust. Other institutional investors have also increased their stakes in the trust during the same period. The iShares Bitcoin Trust, which aims to track the spot price of Bitcoin, has seen fluctuations in its stock price, with a 12-month low of $28.23 and a high of $61.75.

Barclays PLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,473,064 shares of the company's stock, valued at approximately $131,196,000. Barclays PLC owned about 0.38% of iShares Bitcoin Trust as of its most recent SEC filing.

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Other hedge funds and other institutional investors have also recently modified their holdings of the company. Union Savings Bank purchased a new stake in iShares Bitcoin Trust in the fourth quarter worth approximately $25,000. Vision Financial Markets LLC bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. City Holding Co. boosted its stake in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC grew its holdings in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC raised its position in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares during the period.

iShares Bitcoin Trust Trading Down 1.1 %

IBIT opened at $47.74 on Wednesday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The business's 50-day moving average price is $49.41 and its 200-day moving average price is $49.81.

iShares Bitcoin Trust Company Profile

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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.

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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT - Free Report).

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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