FSB Premier Wealth Management Inc. Purchases Shares of 5,141 iShares Bitcoin Trust (NASDAQ:IBIT)

FSB Premier Wealth Management Inc. acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 5,141 shares of the company’s stock, valued at approximately $273,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC raised its position in iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after purchasing an additional 4,573,794 shares in the last quarter. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $23,686,000. LPL Financial LLC raised its holdings in shares of iShares Bitcoin Trust by 485.5% in the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock worth $39,925,000 after buying an additional 624,036 shares in the last quarter. Verde Servicos Internacionais S.A. raised its holdings in shares of iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after buying an additional 423,100 shares in the last quarter. Finally, Parallax Volatility Advisers L.P. lifted its position in shares of iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after buying an additional 370,000 shares during the period.

iShares Bitcoin Trust Trading Down 1.6 %

iShares Bitcoin Trust stock opened at $46.81 on Tuesday. The stock has a fifty day moving average price of $52.38 and a two-hundred day moving average price of $48.99. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

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.