7,611 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by Fortitude Advisory Group L.L.C.

Fortitude Advisory Group L.L.C. bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, HoldingsChannel.com reports. The fund bought 7,611 shares of the company’s stock, valued at approximately $404,000.

A number of other large investors also recently modified their holdings of IBIT. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at $25,000. City Holding Co. increased its position 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 buying an additional 238 shares in the last quarter. PSI Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth about $30,000. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $39,000. Finally, Asset Dedication LLC raised its holdings 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 acquiring an additional 279 shares during the period.

iShares Bitcoin Trust Stock Down 3.1 %

IBIT stock opened at $57.85 on Tuesday. iShares Bitcoin Trust has a fifty-two week low of $23.88 and a fifty-two week high of $61.75. The business has a 50-day moving average of $55.77 and a 200-day moving average of $43.45.

About iShares Bitcoin Trust

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.