Fishman Jay A Ltd. MI acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,135 shares of the company’s stock, valued at approximately $272,000.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Union Savings Bank purchased a new stake in iShares Bitcoin Trust during the fourth quarter worth $25,000. City Holding Co. increased its holdings 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 buying an additional 238 shares in the last quarter. Stephens Consulting LLC raised its position in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Crewe Advisors LLC boosted its stake in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after acquiring an additional 302 shares in the last quarter. Finally, Asset Dedication LLC grew its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd 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 Performance
Shares of iShares Bitcoin Trust stock opened at $54.11 on Wednesday. iShares Bitcoin Trust has a twelve month low of $27.51 and a twelve month high of $61.75. The business has a 50-day moving average price of $56.36 and a 200 day moving average price of $45.04.
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.
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