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1776 Wealth LLC Buys Shares of 9,581 iShares Bitcoin Trust (NASDAQ:IBIT)

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1776 Wealth LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,581 shares of the company's stock, valued at approximately $508,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vision Financial Markets LLC purchased a new position in iShares Bitcoin Trust during the fourth quarter worth approximately $25,000. Union Savings Bank purchased a new position in iShares Bitcoin Trust during the fourth quarter worth approximately $25,000. City Holding Co. lifted 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 buying an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its position 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 buying an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after buying an additional 302 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

iShares Bitcoin Trust stock traded up $2.62 during trading on Friday, reaching $48.14. 43,542,418 shares of the company were exchanged, compared to its average volume of 48,252,988. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The stock's 50 day simple moving average is $54.02 and its two-hundred day simple moving average is $47.68.

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iShares Bitcoin Trust Company 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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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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