Obermeyer Wealth Partners bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,388 shares of the company's stock, valued at approximately $233,000.
Other institutional investors have also added to or reduced their stakes in the company. Vision Financial Markets LLC acquired a new stake in iShares Bitcoin Trust during the fourth quarter worth about $25,000. Union Savings Bank acquired a new stake in iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. boosted its holdings in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC boosted its holdings in iShares Bitcoin Trust by 62.8% during 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 in the last quarter. Finally, Crewe Advisors LLC boosted its holdings in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of NASDAQ:IBIT traded up $0.53 during trading on Friday, reaching $59.20. The stock had a trading volume of 37,014,984 shares, compared to its average volume of 44,674,402. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The business's 50-day moving average price is $50.61 and its 200 day moving average price is $52.47.
iShares Bitcoin Trust 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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