MCIA Inc boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 9.5% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 20,537 shares of the company’s stock after purchasing an additional 1,787 shares during the period. iShares Bitcoin Trust makes up approximately 0.2% of MCIA Inc’s portfolio, making the stock its 23rd biggest holding. MCIA Inc’s holdings in iShares Bitcoin Trust were worth $742,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter valued at about $26,000. 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. International Assets Investment Management LLC acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter valued at about $31,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter valued at about $36,000. Finally, SOA Wealth Advisors LLC. acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter valued at about $40,000.
iShares Bitcoin Trust Stock Performance
NASDAQ:IBIT opened at $57.80 on Friday. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $59.16. The stock’s 50-day moving average price is $44.39 and its 200-day moving average price is $38.71.
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.
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