Smartleaf Asset Management LLC increased its stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 864.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,399 shares of the company’s stock after purchasing an additional 8,424 shares during the period. Smartleaf Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $503,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently bought and sold shares of the company. Union Savings Bank acquired a new stake in iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. City Holding Co. boosted its stake in 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 in the last quarter. Stephens Consulting LLC boosted its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares in the last quarter. Crewe Advisors LLC boosted its stake in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after purchasing an additional 302 shares in the last quarter. Finally, Beacon Capital Management LLC acquired a new stake in iShares Bitcoin Trust in the 4th quarter worth approximately $28,000.
iShares Bitcoin Trust Trading Up 2.1 %
IBIT stock opened at $48.90 on Tuesday. The firm has a 50 day moving average of $55.17 and a 200 day moving average of $46.93. 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.
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