Claro Advisors LLC Acquires New Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Claro Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,277 shares of the company’s stock, valued at approximately $598,000.

A number of other institutional investors have also recently bought and sold shares of IBIT. Glass Jacobson Investment Advisors llc acquired a new position in iShares Bitcoin Trust during the second quarter valued at approximately $26,000. Asset Dedication LLC grew its holdings in 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 during the period. West Financial Advisors LLC acquired a new position in iShares Bitcoin Trust during the third quarter valued at approximately $40,000. Brown Brothers Harriman & Co. acquired a new position in iShares Bitcoin Trust during the second quarter valued at approximately $43,000. Finally, Hollencrest Capital Management boosted its holdings in shares of iShares Bitcoin Trust by 256.7% in the second quarter. Hollencrest Capital Management now owns 1,327 shares of the company’s stock valued at $45,000 after buying an additional 955 shares during the period.

iShares Bitcoin Trust Trading Down 1.2 %

iShares Bitcoin Trust stock opened at $53.22 on Tuesday. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $61.75. The company has a 50 day moving average of $53.72 and a 200-day moving average of $41.89.

iShares Bitcoin Trust Profile

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.