Game Plan Financial Advisors LLC Has $102,000 Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Game Plan Financial Advisors LLC grew its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 540.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,920 shares of the company’s stock after acquiring an additional 1,620 shares during the quarter. Game Plan Financial Advisors LLC’s holdings in iShares Bitcoin Trust were worth $102,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. City Holding Co. raised its holdings in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC raised its holdings in shares of iShares Bitcoin Trust by 62.8% in the fourth 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 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 purchasing an additional 302 shares during the last quarter. Finally, Beacon Capital Management LLC acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $28,000.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $55.33 on Friday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The company’s fifty day simple moving average is $56.25 and its 200 day simple moving average is $45.46.

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.