iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. increased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 26.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 8,067 shares of the company’s stock after acquiring an additional 1,671 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares Bitcoin Trust were worth $428,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Union Savings Bank acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. City Holding Co. grew its holdings 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 worth $26,000 after acquiring an additional 238 shares during the last quarter. PSI Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $30,000. Asset Dedication LLC grew its holdings in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the last quarter. Finally, Perkins Coie Trust Co acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $55,000.

iShares Bitcoin Trust Stock Down 1.7 %

Shares of iShares Bitcoin Trust stock opened at $59.38 on Thursday. The business has a fifty day simple moving average of $55.27 and a 200-day simple moving average of $42.89. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $61.75.

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.