Seelaus Asset Management LLC Purchases New Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Seelaus Asset Management LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 6,619 shares of the company’s stock, valued at approximately $351,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Kingsview Wealth Management LLC grew its stake in shares of iShares Bitcoin Trust by 78.1% in the 4th quarter. Kingsview Wealth Management LLC now owns 75,676 shares of the company’s stock worth $4,015,000 after buying an additional 33,174 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in iShares Bitcoin Trust by 19.5% in the fourth quarter. Apollon Wealth Management LLC now owns 7,752 shares of the company’s stock worth $411,000 after acquiring an additional 1,266 shares in the last quarter. Almanack Investment Partners LLC. boosted its holdings in iShares Bitcoin Trust by 32.6% in the fourth quarter. Almanack Investment Partners LLC. now owns 40,290 shares of the company’s stock worth $2,137,000 after acquiring an additional 9,915 shares in the last quarter. Clientfirst Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at $383,000. Finally, Joel Isaacson & Co. LLC raised its position in shares of iShares Bitcoin Trust by 661.3% in the 4th quarter. Joel Isaacson & Co. LLC now owns 53,223 shares of the company’s stock worth $2,823,000 after purchasing an additional 46,232 shares during the last quarter.

iShares Bitcoin Trust Stock Down 1.2 %

IBIT opened at $54.47 on Friday. iShares Bitcoin Trust has a 1 year low of $25.64 and a 1 year high of $61.75. The stock has a 50-day moving average price of $56.35 and a 200-day moving average price of $44.80.

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.