Activest Wealth Management Acquires 9,603 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Activest Wealth Management grew its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 26.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,168 shares of the company’s stock after buying an additional 9,603 shares during the quarter. iShares Bitcoin Trust makes up 0.7% of Activest Wealth Management’s portfolio, making the stock its 20th largest position. Activest Wealth Management’s holdings in iShares Bitcoin Trust were worth $2,449,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Truist Financial Corp increased its position in shares of iShares Bitcoin Trust by 17.2% in the second quarter. Truist Financial Corp now owns 9,801 shares of the company’s stock valued at $335,000 after acquiring an additional 1,436 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth approximately $392,000. Dynamic Advisor Solutions LLC bought a new stake in shares of iShares Bitcoin Trust during the 3rd quarter worth approximately $247,000. CWM LLC boosted its holdings in shares of iShares Bitcoin Trust by 126.4% in the 3rd quarter. CWM LLC now owns 79,775 shares of the company’s stock valued at $2,882,000 after buying an additional 44,539 shares during the last quarter. Finally, Octavia Wealth Advisors LLC bought a new position in shares of iShares Bitcoin Trust in the third quarter valued at $320,000.

iShares Bitcoin Trust Stock Down 1.2 %

NASDAQ IBIT opened at $54.47 on Monday. The firm’s fifty day moving average price is $56.35 and its two-hundred day moving average price is $44.86. iShares Bitcoin Trust has a 1 year low of $25.64 and a 1 year high of $61.75.

About iShares Bitcoin Trust

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.