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Strategy Asset Managers LLC Takes $301,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance background
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Strategy Asset Managers LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 5,675 shares of the company's stock, valued at approximately $301,000.

A number of other hedge funds also recently modified their holdings of the stock. Tucker Asset Management LLC boosted its position in iShares Bitcoin Trust by 10.9% during the fourth quarter. Tucker Asset Management LLC now owns 3,805 shares of the company's stock worth $202,000 after purchasing an additional 375 shares during the period. OneAscent Wealth Management LLC lifted its stake in shares of iShares Bitcoin Trust by 9.6% during the 4th quarter. OneAscent Wealth Management LLC now owns 7,263 shares of the company's stock valued at $385,000 after buying an additional 635 shares in the last quarter. Maridea Wealth Management LLC bought a new position in iShares Bitcoin Trust in the 4th quarter worth approximately $1,264,000. Orion Portfolio Solutions LLC grew its stake in iShares Bitcoin Trust by 49.2% in the 4th quarter. Orion Portfolio Solutions LLC now owns 12,087 shares of the company's stock valued at $641,000 after buying an additional 3,986 shares in the last quarter. Finally, X Square Capital LLC grew its stake in iShares Bitcoin Trust by 19.6% in the 4th quarter. X Square Capital LLC now owns 267,240 shares of the company's stock valued at $14,177,000 after buying an additional 43,844 shares in the last quarter.

iShares Bitcoin Trust Price Performance

Shares of iShares Bitcoin Trust stock traded up $1.18 during trading hours on Wednesday, reaching $49.48. The company had a trading volume of 20,454,241 shares, compared to its average volume of 44,227,398. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The business has a fifty day simple moving average of $52.14 and a 200 day simple moving average of $49.09.

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iShares Bitcoin Trust Company Profile

(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.

See Also

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

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