8,524 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,524 shares of the company’s stock, valued at approximately $452,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Capital Advisors Inc. OK bought a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $436,000. Beacon Financial Group grew its holdings in iShares Bitcoin Trust by 7.3% during the 4th quarter. Beacon Financial Group now owns 20,383 shares of the company’s stock worth $1,081,000 after acquiring an additional 1,390 shares during the last quarter. Hibernia Wealth Partners LLC bought a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $552,000. Fishman Jay A Ltd. MI bought a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $272,000. Finally, CAP Partners LLC grew its holdings in iShares Bitcoin Trust by 12.1% during the 4th quarter. CAP Partners LLC now owns 12,494 shares of the company’s stock worth $663,000 after acquiring an additional 1,350 shares during the last quarter.

iShares Bitcoin Trust Price Performance

IBIT opened at $55.33 on Friday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The company’s 50 day moving average price is $56.30 and its two-hundred day moving average price is $45.28.

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.