Regency Capital Management Inc. DE Purchases Shares of 10,029 iShares Bitcoin Trust (NASDAQ:IBIT)

Regency Capital Management Inc. DE purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, Holdings Channel reports. The firm purchased 10,029 shares of the company’s stock, valued at approximately $532,000.

Other institutional investors have also modified their holdings of the company. Vienna Asset Management LLC increased its holdings in shares of iShares Bitcoin Trust by 131.6% during the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock valued at $963,000 after acquiring an additional 15,137 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new position in iShares Bitcoin Trust during the 3rd quarter valued at approximately $656,000. B. Riley Wealth Advisors Inc. raised its holdings in shares of iShares Bitcoin Trust by 32.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock worth $1,357,000 after buying an additional 9,266 shares during the last quarter. Mutual Advisors LLC lifted its stake in shares of iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after buying an additional 62,338 shares during the period. Finally, Capstone Investment Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust during the third quarter worth $11,507,000.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $59.70 on Friday. The stock’s fifty day moving average price is $55.77 and its 200 day moving average price is $43.38. iShares Bitcoin Trust has a 1 year low of $22.58 and a 1 year 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.