Partners Wealth Management LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,015 shares of the company’s stock, valued at approximately $213,000.
Several other hedge funds have also recently bought and sold shares of the business. Black Diamond Financial LLC lifted its position in shares of iShares Bitcoin Trust by 15.6% in the fourth quarter. Black Diamond Financial LLC now owns 11,097 shares of the company’s stock worth $589,000 after buying an additional 1,500 shares during the last quarter. World Equity Group Inc. lifted its holdings in iShares Bitcoin Trust by 128.4% in the 4th quarter. World Equity Group Inc. now owns 20,620 shares of the company’s stock worth $1,094,000 after purchasing an additional 11,593 shares during the last quarter. Ascent Wealth Partners LLC acquired a new stake in iShares Bitcoin Trust in the 4th quarter worth approximately $363,000. Forvis Mazars Wealth Advisors LLC boosted its position in iShares Bitcoin Trust by 51.8% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 22,998 shares of the company’s stock worth $1,220,000 after purchasing an additional 7,843 shares during the period. Finally, Pekin Hardy Strauss Inc. grew its holdings in iShares Bitcoin Trust by 42.6% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 161,966 shares of the company’s stock valued at $8,592,000 after purchasing an additional 48,385 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of iShares Bitcoin Trust stock opened at $53.94 on Monday. The firm has a fifty day simple moving average of $56.07 and a 200-day simple moving average of $46.27. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75.
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.
Featured Articles
- Five stocks we like better than iShares Bitcoin Trust
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Why Genuine Parts Company Is a Royally Good Buy Right Now
- The How And Why of Investing in Oil Stocks
- Industrials Are Quietly Outpacing the Market: 3 Stocks to Watch
- What Are Dividend Challengers?
- These 5 Energy Stocks Hedge Inflation With Growth Potential
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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.
