Strategic Wealth Partners Ltd. bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,941 shares of the company's stock, valued at approximately $654,000.
Other hedge funds also recently made changes to their positions in the company. Vision Financial Markets LLC acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. City Holding Co. lifted its stake in shares of 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 acquiring an additional 238 shares during the period. Stephens Consulting LLC lifted its stake in shares of 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 acquiring an additional 189 shares during the period. Finally, Crewe Advisors LLC lifted its stake in shares of 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 acquiring an additional 302 shares during the period.
iShares Bitcoin Trust Stock Up 1.4%
Shares of NASDAQ IBIT traded up $0.88 during midday trading on Wednesday, hitting $61.79. The company had a trading volume of 97,524,494 shares, compared to its average volume of 45,343,801. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $62.53. The business has a 50-day simple moving average of $51.45 and a two-hundred day simple moving average of $52.91.
iShares Bitcoin Trust Company Profile
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Free Report)
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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