Commonwealth Retirement Investments LLC grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 22.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,500 shares of the company’s stock after acquiring an additional 2,500 shares during the period. Commonwealth Retirement Investments LLC’s holdings in iShares Bitcoin Trust were worth $716,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Stephens Consulting LLC lifted its holdings in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after buying an additional 189 shares during the last quarter. AlphaMark Advisors LLC raised its position in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after acquiring an additional 200 shares in the last quarter. Pathway Financial Advisers LLC lifted its stake in iShares Bitcoin Trust by 52.9% during the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock worth $35,000 after purchasing an additional 230 shares during the last quarter. City Holding Co. boosted its holdings in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares during the period. Finally, Blue Trust Inc. raised its holdings in shares of iShares Bitcoin Trust by 5.8% during the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock worth $262,000 after purchasing an additional 270 shares during the period.
iShares Bitcoin Trust Stock Down 0.9 %
NASDAQ IBIT opened at $53.41 on Tuesday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The company has a 50-day simple moving average of $56.07 and a 200-day simple moving average of $46.27.
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.
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