IHT Wealth Management LLC reduced its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 37.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,504 shares of the company's stock after selling 28,896 shares during the period. IHT Wealth Management LLC's holdings in iShares Bitcoin Trust were worth $2,520,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Vision Financial Markets LLC purchased a new stake in iShares Bitcoin Trust in the 4th quarter worth $25,000. Union Savings Bank bought a new stake in iShares Bitcoin Trust during the 4th quarter valued at approximately $25,000. City Holding Co. lifted its holdings in iShares Bitcoin Trust by 95.2% in the 4th 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 raised 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 valued at $26,000 after buying an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 151.0% in 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
IBIT traded up $1.16 during trading on Wednesday, hitting $53.24. 60,700,653 shares of the company traded hands, compared to its average volume of 46,353,492. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The stock's 50-day simple moving average is $48.81 and its two-hundred day simple moving average is $50.32.
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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