iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 25.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,604 shares of the company’s stock after acquiring an additional 11,916 shares during the period. iShares Bitcoin Trust comprises approximately 1.4% of Genesee Capital Advisors LLC’s portfolio, making the stock its 12th largest position. Genesee Capital Advisors LLC’s holdings in iShares Bitcoin Trust were worth $3,109,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. AlphaMark Advisors LLC lifted its stake in shares of iShares Bitcoin Trust by 8.9% in the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after acquiring an additional 200 shares during the period. City Holding Co. increased its position in shares of 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. Blue Trust Inc. increased its holdings in iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after acquiring an additional 270 shares in the last quarter. Asset Dedication LLC raised 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 worth $29,000 after purchasing an additional 279 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its position in shares of iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after acquiring an additional 304 shares in the last quarter.

iShares Bitcoin Trust Trading Down 0.2 %

Shares of NASDAQ IBIT opened at $57.58 on Wednesday. iShares Bitcoin Trust has a 12 month low of $23.88 and a 12 month high of $61.75. The company has a 50-day simple moving average of $55.88 and a 200-day simple moving average of $43.63.

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.