AssuredPartners Investment Advisors LLC Buys Shares of 17,794 iShares Bitcoin Trust (NASDAQ:IBIT)

AssuredPartners Investment Advisors LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 17,794 shares of the company’s stock, valued at approximately $944,000.

A number of other hedge funds have also made changes to their positions in the stock. Great Valley Advisor Group Inc. acquired a new stake in iShares Bitcoin Trust in the 3rd quarter worth approximately $206,000. Cerity Partners LLC lifted its stake in shares of iShares Bitcoin Trust by 51.9% in the third quarter. Cerity Partners LLC now owns 188,505 shares of the company’s stock worth $6,811,000 after buying an additional 64,396 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of iShares Bitcoin Trust by 55.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,985 shares of the company’s stock worth $72,000 after buying an additional 712 shares during the period. Townsquare Capital LLC grew its stake in iShares Bitcoin Trust by 20.7% in the 3rd quarter. Townsquare Capital LLC now owns 36,627 shares of the company’s stock valued at $1,323,000 after buying an additional 6,279 shares during the last quarter. Finally, CreativeOne Wealth LLC grew its stake in iShares Bitcoin Trust by 97.9% in the 3rd quarter. CreativeOne Wealth LLC now owns 18,957 shares of the company’s stock valued at $685,000 after buying an additional 9,376 shares during the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $49.44 on Friday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The firm has a fifty day moving average price of $52.88 and a two-hundred day moving average price of $48.57.

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.