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Integrated Wealth Concepts LLC Buys 22,846 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance background

Integrated Wealth Concepts LLC boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 60.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,398 shares of the company's stock after buying an additional 22,846 shares during the quarter. Integrated Wealth Concepts LLC's holdings in iShares Bitcoin Trust were worth $3,204,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IBIT. Vision Financial Markets LLC bought a new stake in iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. Union Savings Bank acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. City Holding Co. boosted its stake in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company's stock valued at $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 buying an additional 189 shares during the period. Finally, Crewe Advisors LLC increased its position in shares of 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 during the period.

iShares Bitcoin Trust Stock Performance

IBIT stock opened at $54.27 on Friday. The company's fifty day simple moving average is $48.79 and its 200 day simple moving average is $50.68. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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).

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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