HHM Wealth Advisors LLC Purchases 2,582 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

HHM Wealth Advisors LLC raised its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 43,033.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,588 shares of the company’s stock after purchasing an additional 2,582 shares during the quarter. HHM Wealth Advisors LLC’s holdings in iShares Bitcoin Trust were worth $137,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of IBIT. IMC Chicago LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter valued at approximately $323,337,000. Clear Street Derivatives LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of iShares Bitcoin Trust during the third quarter valued at $19,149,000. LMR Partners LLP boosted its position in shares of iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after buying an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. increased its holdings in iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after buying an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT opened at $57.58 on Tuesday. The company’s 50-day simple moving average is $56.19 and its two-hundred day simple moving average is $44.27. iShares Bitcoin Trust has a 52-week low of $24.13 and a 52-week high of $61.75.

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.