WealthShield Partners LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 85.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,805 shares of the company’s stock after purchasing an additional 11,879 shares during the quarter. WealthShield Partners LLC’s holdings in iShares Bitcoin Trust were worth $1,369,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Union Savings Bank bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at $25,000. City Holding Co. boosted its position in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the period. Stephens Consulting LLC grew its stake in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Crewe Advisors LLC grew its stake in shares of iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter. Finally, Beacon Capital Management LLC bought a new position in iShares Bitcoin Trust during the fourth quarter worth about $28,000.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT opened at $53.94 on Monday. The firm has a 50-day moving average price of $56.07 and a two-hundred day moving average price of $46.27. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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.
See Also
- Five stocks we like better than iShares Bitcoin Trust
- How to Calculate Return on Investment (ROI)
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- Insider Trades May Not Tell You What You Think
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- What is a buyback in stocks? A comprehensive guide for investors
- These 5 Energy Stocks Hedge Inflation With Growth Potential
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.
