Lauer Wealth LLC Acquires Shares of 6,350 iShares Bitcoin Trust (NASDAQ:IBIT)

Lauer Wealth LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,350 shares of the company’s stock, valued at approximately $337,000. iShares Bitcoin Trust accounts for approximately 0.2% of Lauer Wealth LLC’s holdings, making the stock its 29th biggest position.

Other institutional investors have also recently made changes to their positions in the company. Yarbrough Capital LLC raised its position in shares of iShares Bitcoin Trust by 121.4% in the fourth quarter. Yarbrough Capital LLC now owns 311,211 shares of the company’s stock valued at $16,510,000 after purchasing an additional 170,638 shares during the period. Edge Wealth Management LLC bought a new position in iShares Bitcoin Trust in the 4th quarter worth approximately $239,000. Fermata Advisors LLC grew its stake in iShares Bitcoin Trust by 346.7% in the 4th quarter. Fermata Advisors LLC now owns 26,277 shares of the company’s stock valued at $1,394,000 after buying an additional 20,394 shares in the last quarter. Cypress Wealth Services LLC raised its holdings in iShares Bitcoin Trust by 67.0% during the 4th quarter. Cypress Wealth Services LLC now owns 12,303 shares of the company’s stock valued at $653,000 after acquiring an additional 4,938 shares during the period. Finally, Sanders Morris Harris LLC purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $215,000.

iShares Bitcoin Trust Stock Up 0.8 %

iShares Bitcoin Trust stock opened at $57.09 on Friday. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $61.75. The business has a fifty day moving average price of $54.56 and a 200-day moving average price of $42.24.

iShares Bitcoin Trust 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.