Strategy Asset Managers LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,675 shares of the company’s stock, valued at approximately $301,000.
Several other institutional investors and hedge funds have also recently made changes to their positions in IBIT. Vision Financial Markets LLC bought a new position in iShares Bitcoin Trust in the fourth quarter valued at $25,000. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $25,000. City Holding Co. raised its holdings in shares of iShares Bitcoin Trust by 95.2% during 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. Stephens Consulting LLC raised its holdings in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after buying an additional 302 shares during the last quarter.
iShares Bitcoin Trust Trading Down 3.8 %
Shares of NASDAQ IBIT opened at $47.56 on Friday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The firm’s 50 day simple moving average is $52.64 and its two-hundred day simple moving average is $48.78.
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.
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