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

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.Get iShares Bitcoin Trust alerts:Strategy’s $5 Million Bitcoin Target: Beacon or Bagholder? 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 (Free Report)ARK Innovation Fund Bets Big on Bitcoin—Will It Pay Off?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. Featured ArticlesFive stocks we like better than iShares Bitcoin TrustWhat Does a Stock Split Mean? Beware of BigBear.ai: Insiders Are Selling—Should You?Special Purpose Acquisition Company (SPAC) What You Need to Know CrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWant to Profit on the Downtrend? Downtrends, Explained.Congress! Who Traded What During the Tariff-Induced Meltdown 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).3 Stocks Using Bitcoin to Grow Their Treasury ReservesThis 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.Should You Invest $1,000 in iShares Bitcoin Trust Right Now?Before you consider iShares Bitcoin Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here