1776 Wealth LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,581 shares of the company's stock, valued at approximately $508,000.
Other hedge funds also recently bought and sold shares of the company. Vision Financial Markets LLC bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at about $25,000. Union Savings Bank acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. City Holding Co. grew its holdings in 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 during the last quarter. Stephens Consulting LLC increased its position in shares of 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 in the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after purchasing an additional 302 shares during the last quarter.
iShares Bitcoin Trust Stock Up 5.8 %
Shares of iShares Bitcoin Trust stock traded up $2.62 during trading on Friday, reaching $48.14. The company's stock had a trading volume of 43,542,418 shares, compared to its average volume of 48,252,988. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The company has a 50-day simple moving average of $54.02 and a two-hundred day simple moving average of $47.78.
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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