Tolleson Wealth Management Inc. acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 21,575 shares of the company's stock, valued at approximately $1,145,000.
A number of other institutional investors have also modified their holdings of the stock. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter worth about $25,000. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust in the 4th quarter worth about $25,000. City Holding Co. boosted its position in iShares Bitcoin Trust by 95.2% during the fourth 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 grew its holdings in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC increased its position in shares of 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 buying an additional 302 shares in the last quarter.
iShares Bitcoin Trust Trading Up 1.5%
Shares of IBIT stock traded up $0.92 during trading hours on Tuesday, hitting $60.91. 49,178,407 shares of the company's stock were exchanged, compared to its average volume of 44,787,797. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The firm has a 50 day moving average of $51.18 and a two-hundred day moving average of $52.84.
iShares Bitcoin Trust Profile
(
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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