Stelac Advisory Services LLC lowered its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,147 shares of the company's stock after selling 5,345 shares during the period. Stelac Advisory Services LLC's holdings in iShares Bitcoin Trust were worth $2,352,000 at the end of the most recent quarter.
Other hedge funds also recently modified their holdings of the company. Vision Financial Markets LLC bought a new position in iShares Bitcoin Trust during the fourth quarter valued at $25,000. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at $25,000. City Holding Co. grew its stake in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after acquiring an additional 238 shares during the period. Stephens Consulting LLC increased its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC raised its stake in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after acquiring an additional 302 shares during the period.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT traded up $2.62 during trading on Friday, hitting $48.14. 43,542,418 shares of the company's stock traded hands, compared to its average volume of 48,252,988. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The business has a 50 day moving average of $54.02 and a 200-day moving average of $47.60.
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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