Mount Yale Investment Advisors LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,825 shares of the company's stock, valued at approximately $362,000.
Several other institutional investors have also modified their holdings of the business. Union Savings Bank acquired a new position in iShares Bitcoin Trust during the 4th quarter worth approximately $25,000. City Holding Co. lifted its position in shares of iShares Bitcoin Trust by 95.2% in the fourth 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. PSI Advisors LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter worth $30,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Bitcoin Trust in the fourth quarter valued at $39,000. Finally, Asset Dedication LLC increased its stake in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after buying an additional 279 shares during the last quarter.
iShares Bitcoin Trust Trading Up 0.6 %
NASDAQ:IBIT traded up $0.38 on Thursday, hitting $59.72. 33,225,350 shares of the company's stock were exchanged, compared to its average volume of 48,478,043. The firm has a 50-day moving average price of $56.09 and a 200-day moving average price of $43.91. iShares Bitcoin Trust has a 52 week low of $24.13 and a 52 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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