Jackson Hole Capital Partners LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 43,552 shares of the company’s stock, valued at approximately $2,310,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of IBIT. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at approximately $25,000. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust in the 4th quarter valued at about $25,000. City Holding Co. grew its holdings in shares of iShares Bitcoin Trust by 95.2% during 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 increased its position in shares of iShares Bitcoin Trust by 62.8% during 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 during the last quarter. Finally, Crewe Advisors LLC raised its position in 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 purchasing an additional 302 shares during the period.
iShares Bitcoin Trust Price Performance
Shares of IBIT opened at $49.43 on Friday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The company’s 50-day simple moving average is $54.78 and its 200-day simple moving average is $47.29.
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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