AlphaMark Advisors LLC increased its stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 8.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 2,455 shares of the company’s stock after acquiring an additional 200 shares during the quarter. AlphaMark Advisors LLC’s holdings in iShares Bitcoin Trust were worth $130,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth about $25,000. City Holding Co. grew its stake in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares in the last quarter. Asset Dedication LLC increased its holdings in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after buying an additional 279 shares during the last quarter. PSI Advisors LLC bought a new stake in iShares Bitcoin Trust in the fourth quarter valued at about $30,000. Finally, Glass Jacobson Investment Advisors llc raised its stake in 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 buying an additional 304 shares in the last quarter.
iShares Bitcoin Trust Trading Up 1.5 %
Shares of IBIT opened at $59.70 on Friday. iShares Bitcoin Trust has a 52 week low of $22.58 and a 52 week high of $61.75. The stock has a 50 day moving average of $55.77 and a 200-day moving average of $43.38.
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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