Fortitude Advisory Group L.L.C. purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,611 shares of the company’s stock, valued at approximately $404,000.
A number of other institutional investors have also made changes to their positions in IBIT. Union Savings Bank bought a new position in iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. City Holding Co. raised its position in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares during the last quarter. Asset Dedication LLC grew its position in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after buying an additional 279 shares in the last quarter. PSI Advisors LLC acquired a new position in iShares Bitcoin Trust in the 4th quarter valued at approximately $30,000. Finally, Glass Jacobson Investment Advisors llc grew 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 worth $38,000 after purchasing an additional 304 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of NASDAQ IBIT opened at $57.85 on Tuesday. iShares Bitcoin Trust has a one year low of $23.88 and a one year high of $61.75. The business has a fifty day simple moving average of $55.77 and a 200 day simple moving average of $43.45.
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.
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