Wolff Wiese Magana LLC Invests $60,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Wolff Wiese Magana LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 1,137 shares of the company’s stock, valued at approximately $60,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. PSI Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $30,000. Glass Jacobson Investment Advisors llc purchased a new position in iShares Bitcoin Trust in the second quarter valued at $26,000. Asset Dedication LLC raised its stake in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after buying an additional 279 shares in the last quarter. Future Financial Wealth Managment LLC lifted its holdings in iShares Bitcoin Trust by 2,000.0% during the 4th quarter. Future Financial Wealth Managment LLC now owns 1,050 shares of the company’s stock worth $56,000 after buying an additional 1,000 shares during the last quarter. Finally, West Financial Advisors LLC purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $40,000.

iShares Bitcoin Trust Stock Performance

IBIT stock opened at $56.25 on Wednesday. The business has a 50 day moving average price of $54.03 and a 200 day moving average price of $42.03. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week 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.