Tamar Securities LLC Boosts Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Tamar Securities LLC lifted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 16.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,856 shares of the company’s stock after acquiring an additional 1,799 shares during the quarter. Tamar Securities LLC’s holdings in iShares Bitcoin Trust were worth $464,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. FinTrust Capital Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust during the first quarter worth $26,000. Creekmur Asset Management LLC acquired a new position in iShares Bitcoin Trust in the first quarter valued at $30,000. Sound Income Strategies LLC acquired a new position in iShares Bitcoin Trust in the first quarter valued at $30,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust during the second quarter worth about $26,000. Finally, Asset Dedication LLC boosted its stake in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after buying an additional 279 shares during the period.

iShares Bitcoin Trust Trading Up 1.1 %

Shares of IBIT opened at $38.58 on Thursday. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $41.99. The firm has a 50-day simple moving average of $34.63 and a 200-day simple moving average of $36.01.

iShares Bitcoin Trust 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.