iShares Bitcoin Trust (NASDAQ:IBIT) is Oxler Private Wealth LLC’s 3rd Largest Position

Oxler Private Wealth LLC increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 500,274 shares of the company’s stock after purchasing an additional 27,331 shares during the period. iShares Bitcoin Trust accounts for 8.7% of Oxler Private Wealth LLC’s holdings, making the stock its 3rd biggest holding. Oxler Private Wealth LLC owned 0.08% of iShares Bitcoin Trust worth $26,540,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth about $25,000. City Holding Co. increased its stake in iShares Bitcoin Trust by 95.2% in 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 last quarter. Asset Dedication LLC raised its holdings in shares of iShares Bitcoin Trust by 52.4% during the 3rd 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. PSI Advisors LLC bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at approximately $30,000. Finally, Glass Jacobson Investment Advisors llc grew its holdings in shares of iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after purchasing an additional 304 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $57.71 on Friday. iShares Bitcoin Trust has a fifty-two week low of $24.13 and a fifty-two week high of $61.75. The company’s fifty day moving average is $56.17 and its 200 day moving average is $44.02.

About iShares Bitcoin Trust

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.