Almanack Investment Partners LLC. Has $2.14 Million Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Almanack Investment Partners LLC. increased its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 32.6% in the fourth quarter, HoldingsChannel reports. The firm owned 40,290 shares of the company’s stock after acquiring an additional 9,915 shares during the period. Almanack Investment Partners LLC.’s holdings in iShares Bitcoin Trust were worth $2,137,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of IBIT. Stephens Consulting LLC lifted its position in shares of 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 purchasing an additional 189 shares during the last quarter. AlphaMark Advisors LLC lifted 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 worth $130,000 after buying an additional 200 shares during the period. City Holding Co. grew its position in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the period. Blue Trust Inc. raised its stake in 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 acquiring an additional 270 shares in the last quarter. Finally, Asset Dedication LLC lifted its holdings in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after acquiring an additional 279 shares during the period.

iShares Bitcoin Trust Stock Down 1.2 %

IBIT opened at $54.47 on Friday. The firm’s 50-day simple moving average is $56.36 and its 200-day simple moving average is $44.70. iShares Bitcoin Trust has a twelve month low of $25.64 and a twelve 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.