Orion Portfolio Solutions LLC Purchases 3,986 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Orion Portfolio Solutions LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 49.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,087 shares of the company’s stock after acquiring an additional 3,986 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Bitcoin Trust were worth $641,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Stephens Consulting LLC grew its holdings in iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC boosted its stake in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after acquiring an additional 200 shares during the period. Pathway Financial Advisers LLC increased its holdings in shares of iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock worth $35,000 after acquiring an additional 230 shares during the last quarter. SouthState Corp raised its stake in iShares Bitcoin Trust by 5.5% in the 4th quarter. SouthState Corp now owns 4,411 shares of the company’s stock valued at $234,000 after acquiring an additional 230 shares during the period. Finally, Mosley Wealth Management lifted its holdings in iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock valued at $496,000 after purchasing an additional 231 shares during the last quarter.

iShares Bitcoin Trust Trading Up 2.4 %

NASDAQ:IBIT opened at $47.71 on Monday. The firm’s fifty day moving average price is $51.45 and its two-hundred day moving average price is $49.39. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

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.