Dock Street Asset Management Inc. Acquires Shares of 7,600 iShares Bitcoin Trust (NASDAQ:IBIT)

Dock Street Asset Management Inc. bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,600 shares of the company’s stock, valued at approximately $403,000.

Other large investors have also bought and sold shares of the company. Union Savings Bank purchased a new stake in iShares Bitcoin Trust during the 4th quarter valued at $25,000. City Holding Co. lifted its stake in shares of 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 purchasing an additional 238 shares during the period. Stephens Consulting LLC raised its position in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Crewe Advisors LLC grew its position in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares during the period. Finally, PSI Advisors LLC bought a new position in iShares Bitcoin Trust in the 4th quarter worth $30,000.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $55.12 on Friday. The business has a 50-day simple moving average of $56.36 and a two-hundred day simple moving average of $44.62. iShares Bitcoin Trust has a 52 week low of $24.49 and a 52 week high of $61.75.

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.