Free Trial

OneAscent Financial Services LLC Invests $837,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance background
Remove Ads

OneAscent Financial Services LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,779 shares of the company's stock, valued at approximately $837,000.

Other large investors have also recently added to or reduced their stakes in the company. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at $25,000. Vision Financial Markets LLC acquired a new stake in iShares Bitcoin Trust in the 4th quarter valued at about $25,000. City Holding Co. raised its stake 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 acquiring an additional 238 shares during the last quarter. Stephens Consulting LLC lifted 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 in the last quarter. Finally, Crewe Advisors LLC grew its stake 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 valued at $27,000 after purchasing an additional 302 shares during the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT stock traded up $1.14 during trading on Friday, hitting $47.71. The company had a trading volume of 68,499,240 shares, compared to its average volume of 44,844,594. The firm has a 50-day moving average price of $51.69 and a 200-day moving average price of $49.08. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.

Remove Ads

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.

Further Reading

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

Should You Invest $1,000 in iShares Bitcoin Trust Right Now?

Before you consider iShares Bitcoin Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.

While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

3 Stocks to Buy on the Dip—and 3 to Dump Fast
Trump Tariffs Tumble the Stock Market—Here’s How to Protect Your Money
Donald Trump Owns These 7 Stocks, Should You?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads