Kestra Private Wealth Services LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 61.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,389 shares of the company's stock after acquiring an additional 7,387 shares during the period. Kestra Private Wealth Services LLC's holdings in iShares Bitcoin Trust were worth $1,029,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in IBIT. Union Savings Bank acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. City Holding Co. grew 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 valued at $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC increased its position in iShares Bitcoin Trust by 62.8% during the 4th 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. Crewe Advisors LLC lifted its holdings 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 in the last quarter. Finally, PSI Advisors LLC bought a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at about $30,000.
iShares Bitcoin Trust Price Performance
NASDAQ:IBIT traded up $0.59 during mid-day trading on Monday, reaching $55.33. 27,383,704 shares of the company's stock were exchanged, compared to its average volume of 43,851,234. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The business's fifty day simple moving average is $56.25 and its two-hundred day simple moving average is $45.51.
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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