Canton Hathaway LLC Increases Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Canton Hathaway LLC boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 11.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,000 shares of the company’s stock after purchasing an additional 1,000 shares during the period. Canton Hathaway LLC’s holdings in iShares Bitcoin Trust were worth $531,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Stephens Consulting LLC increased 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 valued at $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC increased its holdings in 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 purchasing an additional 200 shares during the period. Pathway Financial Advisers LLC grew its holdings in shares of iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock worth $35,000 after acquiring an additional 230 shares during the period. City Holding Co. grew 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 worth $26,000 after acquiring an additional 238 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock worth $262,000 after acquiring an additional 270 shares during the period.

iShares Bitcoin Trust Trading Down 0.9 %

IBIT stock opened at $53.41 on Tuesday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The business’s 50 day moving average price is $56.07 and its two-hundred day moving average price is $46.27.

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.