BNC Wealth Management LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, HoldingsChannel reports. The firm purchased 24,163 shares of the company’s stock, valued at approximately $1,282,000.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. PSI Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $30,000. Asset Dedication LLC boosted its stake in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares in the last quarter. Future Financial Wealth Managment LLC boosted its stake in shares of iShares Bitcoin Trust by 2,000.0% during the fourth quarter. Future Financial Wealth Managment LLC now owns 1,050 shares of the company’s stock valued at $56,000 after purchasing an additional 1,000 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Bitcoin Trust by 40.2% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after purchasing an additional 304 shares in the last quarter. Finally, West Financial Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter worth approximately $40,000.
iShares Bitcoin Trust Stock Performance
NASDAQ IBIT opened at $59.62 on Friday. The business has a 50 day moving average price of $54.88 and a 200-day moving average price of $42.45. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $61.75.
About iShares Bitcoin Trust
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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