Harel Insurance Investments & Financial Services Ltd. Buys Shares of 730 iShares Bitcoin Trust (NASDAQ:IBIT)

Harel Insurance Investments & Financial Services Ltd. purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 730 shares of the company’s stock, valued at approximately $39,000.

Other institutional investors have also made changes to their positions in the company. Midwest Financial Group LLC acquired a new position in iShares Bitcoin Trust in the fourth quarter valued at about $385,000. Impact Partnership Wealth LLC raised its position in shares of iShares Bitcoin Trust by 8.6% in the 4th quarter. Impact Partnership Wealth LLC now owns 151,838 shares of the company’s stock valued at $8,055,000 after acquiring an additional 12,048 shares during the period. Patriot Investment Management Group Inc. boosted its stake in iShares Bitcoin Trust by 759.6% during the 4th quarter. Patriot Investment Management Group Inc. now owns 95,115 shares of the company’s stock worth $5,046,000 after acquiring an additional 84,050 shares during the last quarter. LexAurum Advisors LLC grew its holdings in iShares Bitcoin Trust by 18.4% during the fourth quarter. LexAurum Advisors LLC now owns 15,151 shares of the company’s stock valued at $804,000 after purchasing an additional 2,358 shares during the period. Finally, RFG Advisory LLC increased its stake in iShares Bitcoin Trust by 216.2% in the fourth quarter. RFG Advisory LLC now owns 53,794 shares of the company’s stock valued at $2,854,000 after purchasing an additional 36,780 shares in the last quarter.

iShares Bitcoin Trust Trading Up 1.5 %

IBIT opened at $59.70 on Monday. iShares Bitcoin Trust has a twelve month low of $22.58 and a twelve month high of $61.75. The firm’s fifty day moving average is $55.77 and its two-hundred day moving average is $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.