MRA Advisory Group Sells 640 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

MRA Advisory Group lessened its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 73,368 shares of the company’s stock after selling 640 shares during the period. iShares Bitcoin Trust makes up 2.1% of MRA Advisory Group’s investment portfolio, making the stock its 14th largest position. MRA Advisory Group’s holdings in iShares Bitcoin Trust were worth $3,892,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. PSI Advisors LLC bought a new stake in iShares Bitcoin Trust in the fourth quarter worth $30,000. Glass Jacobson Investment Advisors llc bought a new position in shares of iShares Bitcoin Trust in the second quarter worth approximately $26,000. Asset Dedication LLC lifted its stake in shares of iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after buying an additional 279 shares in the last quarter. Future Financial Wealth Managment LLC grew its holdings in shares of iShares Bitcoin Trust by 2,000.0% during the fourth quarter. Future Financial Wealth Managment LLC now owns 1,050 shares of the company’s stock valued at $56,000 after buying an additional 1,000 shares during the last quarter. Finally, West Financial Advisors LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter valued at approximately $40,000.

iShares Bitcoin Trust Trading Down 1.2 %

Shares of IBIT opened at $53.22 on Tuesday. The business’s fifty day simple moving average is $53.72 and its two-hundred day simple moving average is $41.89. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $61.75.

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.