PFG Investments LLC increased its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 62.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,548 shares of the company's stock after acquiring an additional 5,973 shares during the quarter. PFG Investments LLC's holdings in iShares Bitcoin Trust were worth $825,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Union Savings Bank bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at about $25,000. City Holding Co. grew its holdings 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 valued at $26,000 after acquiring an additional 238 shares in the last quarter. PSI Advisors LLC purchased a new position in shares of iShares Bitcoin Trust in the 4th quarter worth about $30,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $39,000. Finally, Asset Dedication LLC raised 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 acquiring an additional 279 shares during the period.
iShares Bitcoin Trust Stock Up 1.5 %
IBIT stock traded up $0.85 during mid-day trading on Wednesday, reaching $58.43. 18,370,071 shares of the company traded hands, compared to its average volume of 48,100,781. iShares Bitcoin Trust has a 52-week low of $24.13 and a 52-week high of $61.75. The company has a fifty day moving average price of $55.98 and a 200-day moving average price of $43.80.
iShares Bitcoin Trust Company 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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