Fermata Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 346.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,277 shares of the company's stock after buying an additional 20,394 shares during the quarter. Fermata Advisors LLC's holdings in iShares Bitcoin Trust were worth $1,394,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of IBIT. Cypress Wealth Services LLC lifted its stake in shares of iShares Bitcoin Trust by 67.0% during the 4th quarter. Cypress Wealth Services LLC now owns 12,303 shares of the company's stock worth $653,000 after buying an additional 4,938 shares during the last quarter. Sanders Morris Harris LLC acquired a new stake in iShares Bitcoin Trust during the fourth quarter worth approximately $215,000. Mirador Capital Partners LP lifted its position in iShares Bitcoin Trust by 41.8% during the fourth quarter. Mirador Capital Partners LP now owns 14,262 shares of the company's stock worth $757,000 after acquiring an additional 4,205 shares during the last quarter. Mason & Associates Inc bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth approximately $369,000. Finally, Heritage Family Offices LLP acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $814,000.
iShares Bitcoin Trust Stock Performance
NASDAQ:IBIT traded up $2.53 during mid-day trading on Friday, hitting $59.62. 70,436,318 shares of the stock were exchanged, compared to its average volume of 44,819,953. The firm's 50-day simple moving average is $54.88 and its 200 day simple moving average is $42.40. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week 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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