Almanack Investment Partners LLC. Boosts Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Almanack Investment Partners LLC. boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 32.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,290 shares of the company’s stock after acquiring an additional 9,915 shares during the period. Almanack Investment Partners LLC.’s holdings in iShares Bitcoin Trust were worth $2,137,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of IBIT. Clientfirst Wealth Management LLC acquired a new position in iShares Bitcoin Trust in the fourth quarter valued at $383,000. Joel Isaacson & Co. LLC grew its holdings in iShares Bitcoin Trust by 661.3% during the 4th quarter. Joel Isaacson & Co. LLC now owns 53,223 shares of the company’s stock valued at $2,823,000 after purchasing an additional 46,232 shares in the last quarter. Sageworth Trust Co lifted its stake in shares of iShares Bitcoin Trust by 72.9% in the fourth quarter. Sageworth Trust Co now owns 30,948 shares of the company’s stock worth $1,642,000 after acquiring an additional 13,045 shares in the last quarter. Dock Street Asset Management Inc. acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $403,000. Finally, Barrett & Company Inc. bought a new position in iShares Bitcoin Trust during the 4th quarter valued at $146,000.

iShares Bitcoin Trust Trading Down 1.2 %

Shares of NASDAQ IBIT opened at $54.47 on Friday. iShares Bitcoin Trust has a twelve month low of $25.64 and a twelve month high of $61.75. The business has a 50 day simple moving average of $56.36 and a 200-day simple moving average of $44.70.

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.