iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Secure Asset Management LLC

Secure Asset Management LLC increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 17.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,530 shares of the company’s stock after buying an additional 7,341 shares during the quarter. Secure Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $2,628,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of IBIT. Vienna Asset Management LLC lifted its position in iShares Bitcoin Trust by 131.6% in the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock valued at $963,000 after purchasing an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter valued at $656,000. B. Riley Wealth Advisors Inc. lifted its holdings in iShares Bitcoin Trust by 32.2% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after purchasing an additional 9,266 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth approximately $11,507,000. Finally, Marathon Trading Investment Management LLC increased its stake in iShares Bitcoin Trust by 238.4% in the third quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company’s stock valued at $2,804,000 after purchasing an additional 54,671 shares during the last quarter.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $58.79 on Friday. iShares Bitcoin Trust has a 52-week low of $22.57 and a 52-week high of $61.75. The firm has a fifty day moving average of $55.44 and a 200-day moving average of $43.00.

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.