Aspiring Ventures LLC Takes $256,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Aspiring Ventures LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,825 shares of the company’s stock, valued at approximately $256,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBIT. City Holding Co. boosted its holdings 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 boosted its stake in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in shares of iShares Bitcoin Trust by 40.2% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after acquiring an additional 304 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares Bitcoin Trust by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock valued at $4,713,000 after acquiring an additional 320 shares in the last quarter. Finally, Doliver Advisors LP lifted its holdings in iShares Bitcoin Trust by 4.9% in the 3rd quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock worth $273,000 after purchasing an additional 350 shares during the last quarter.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $59.70 on Friday. The company’s 50 day moving average is $55.77 and its 200-day moving average is $43.30. iShares Bitcoin Trust has a 12 month low of $22.58 and a 12 month 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.