Orvieto Partners L.P. bought a new position 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 institutional investor bought 15,000 shares of the company's stock, valued at approximately $796,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of IBIT. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $25,000. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. City Holding Co. lifted its position in shares of iShares Bitcoin Trust by 95.2% in 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 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 worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC grew its position in 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 purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Trading Up 2.2 %
Shares of IBIT stock opened at $53.24 on Thursday. The firm's fifty day moving average price is $48.81 and its two-hundred day moving average price is $50.32. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.
About iShares Bitcoin Trust
(
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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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).
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