Capital Investment Advisory Services LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,847 shares of the company’s stock, valued at approximately $204,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Union Savings Bank acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. City Holding Co. lifted its stake in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares during the last quarter. Asset Dedication LLC boosted its holdings in 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 purchasing an additional 279 shares during the period. PSI Advisors LLC bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at $30,000. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of iShares Bitcoin Trust by 40.2% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after purchasing an additional 304 shares during the period.
iShares Bitcoin Trust Stock Performance
iShares Bitcoin Trust stock opened at $57.71 on Friday. iShares Bitcoin Trust has a 1 year low of $24.13 and a 1 year high of $61.75. The firm’s 50-day moving average is $56.17 and its 200-day moving average is $44.02.
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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