186,206 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Bought by Howard Capital Management Inc.

Howard Capital Management Inc. bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 186,206 shares of the company’s stock, valued at approximately $9,878,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Union Savings Bank bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at $25,000. City Holding Co. increased its holdings in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares during the period. Stephens Consulting LLC increased its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the period. Crewe Advisors LLC increased its holdings in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after buying an additional 302 shares during the period. Finally, Beacon Capital Management LLC bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at $28,000.

iShares Bitcoin Trust Price Performance

Shares of iShares Bitcoin Trust stock opened at $53.94 on Friday. The company’s fifty day moving average price is $56.07 and its two-hundred day moving average price is $46.07. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

iShares Bitcoin Trust 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.