Aprio Wealth Management LLC Invests $1.16 Million in iShares Bitcoin Trust (NASDAQ:IBIT)

Aprio Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,854 shares of the company’s stock, valued at approximately $1,159,000.

Other hedge funds also recently made changes to their positions in the company. Glass Jacobson Investment Advisors llc bought a new position in shares of iShares Bitcoin Trust during the second quarter worth about $26,000. Asset Dedication LLC raised its position in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the last quarter. West Financial Advisors LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter worth about $40,000. Brown Brothers Harriman & Co. bought a new position in shares of iShares Bitcoin Trust during the second quarter worth about $43,000. Finally, Hollencrest Capital Management raised its position in shares of iShares Bitcoin Trust by 256.7% during the second quarter. Hollencrest Capital Management now owns 1,327 shares of the company’s stock worth $45,000 after acquiring an additional 955 shares during the last quarter.

iShares Bitcoin Trust Stock Up 0.9 %

NASDAQ IBIT opened at $53.84 on Monday. The business has a 50 day simple moving average of $53.42 and a 200 day simple moving average of $41.76. iShares Bitcoin Trust has a one year low of $22.02 and a one year 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.