Avitas Wealth Management LLC boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 15.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,716 shares of the company’s stock after purchasing an additional 2,018 shares during the period. Avitas Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $532,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the business. Asset Dedication LLC increased its position 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 acquiring an additional 279 shares in the last quarter. Bfsg LLC increased its position in shares of iShares Bitcoin Trust by 34.7% in the second quarter. Bfsg LLC now owns 1,360 shares of the company’s stock worth $46,000 after acquiring an additional 350 shares in the last quarter. Doliver Advisors LP increased its position in shares of iShares Bitcoin Trust by 4.9% in the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock worth $273,000 after acquiring an additional 350 shares in the last quarter. Cedar Mountain Advisors LLC increased its position in shares of iShares Bitcoin Trust by 39.1% in the second quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company’s stock worth $46,000 after acquiring an additional 383 shares in the last quarter. Finally, Mirador Capital Partners LP increased its position in shares of iShares Bitcoin Trust by 4.0% in the third quarter. Mirador Capital Partners LP now owns 10,057 shares of the company’s stock worth $363,000 after acquiring an additional 384 shares in the last quarter.
iShares Bitcoin Trust Price Performance
iShares Bitcoin Trust stock opened at $40.88 on Thursday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The firm has a fifty day moving average of $35.65 and a 200-day moving average of $36.01.
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.
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