Fishman Jay A Ltd. MI purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,135 shares of the company’s stock, valued at approximately $272,000.
Other institutional investors have also added to or reduced their stakes in the company. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at $25,000. City Holding Co. lifted its position in 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 acquiring an additional 238 shares during the period. Stephens Consulting LLC grew its stake in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Crewe Advisors LLC increased 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 purchasing an additional 302 shares during the period. Finally, Asset Dedication LLC raised its stake in shares of iShares Bitcoin Trust by 52.4% in the third 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.
iShares Bitcoin Trust Stock Down 2.3 %
iShares Bitcoin Trust stock opened at $54.11 on Wednesday. The stock has a 50-day moving average price of $56.36 and a 200 day moving average price of $45.04. iShares Bitcoin Trust has a 52 week low of $27.51 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.
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