Insigneo Advisory Services LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 100.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 117,509 shares of the company's stock after purchasing an additional 58,873 shares during the quarter. iShares Bitcoin Trust comprises 0.6% of Insigneo Advisory Services LLC's holdings, making the stock its 22nd largest holding. Insigneo Advisory Services LLC's holdings in iShares Bitcoin Trust were worth $6,234,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at about $25,000. Vision Financial Markets LLC bought a new position in iShares Bitcoin Trust in the fourth quarter worth approximately $25,000. City Holding Co. grew its stake in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after acquiring an additional 238 shares during the period. 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 worth $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
IBIT stock traded up $0.30 during midday trading on Friday, reaching $48.26. 23,726,023 shares of the company's stock traded hands, compared to its average volume of 45,494,238. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The firm's fifty day moving average price is $49.02 and its 200-day moving average price is $49.97.
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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