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Ycg LLC Invests $371,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

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Ycg LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,984 shares of the company's stock, valued at approximately $371,000.

A number of other institutional investors also recently modified their holdings of the business. Stephens Consulting LLC raised its holdings in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after buying an additional 189 shares in the last quarter. AlphaMark Advisors LLC raised its holdings in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after buying an additional 200 shares in the last quarter. Pathway Financial Advisers LLC grew its position in iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after acquiring an additional 230 shares during the last quarter. City Holding Co. grew its position in 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 last quarter. Finally, Blue Trust Inc. grew its position in iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company's stock worth $262,000 after acquiring an additional 270 shares during the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of IBIT stock opened at $47.24 on Wednesday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The stock's fifty day simple moving average is $54.49 and its 200 day simple moving average is $47.53.

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.

See Also

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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