8,390 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Heritage Investors Management Corp

Heritage Investors Management Corp purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,390 shares of the company’s stock, valued at approximately $303,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBIT. Glass Jacobson Investment Advisors llc acquired a new position in iShares Bitcoin Trust during the 2nd quarter worth approximately $26,000. Asset Dedication LLC increased its holdings in 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 purchasing an additional 279 shares during the last quarter. Creekmur Asset Management LLC purchased a new stake in iShares Bitcoin Trust during the 1st quarter worth approximately $30,000. International Assets Investment Management LLC purchased a new stake in iShares Bitcoin Trust during the 2nd quarter worth approximately $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares Bitcoin Trust during the 2nd quarter worth approximately $36,000.

iShares Bitcoin Trust Stock Performance

IBIT stock opened at $39.51 on Wednesday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The stock’s 50 day moving average is $35.95 and its two-hundred day moving average is $36.10.

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.