600 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by IAG Wealth Partners LLC

IAG Wealth Partners LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 600 shares of the company’s stock, valued at approximately $32,000.

Other hedge funds have also recently made changes to their positions in the company. Union Savings Bank bought a new position in iShares Bitcoin Trust in the fourth quarter worth approximately $25,000. Vision Financial Markets LLC purchased a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC increased its stake in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the period. Finally, Crewe Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.

iShares Bitcoin Trust Stock Down 3.5 %

NASDAQ:IBIT opened at $45.52 on Friday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The company has a 50-day moving average of $54.18 and a 200 day moving average of $47.51.

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.