iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Commonwealth Retirement Investments LLC

Commonwealth Retirement Investments LLC increased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 22.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,500 shares of the company’s stock after buying an additional 2,500 shares during the quarter. Commonwealth Retirement Investments LLC’s holdings in iShares Bitcoin Trust were worth $716,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at approximately $1,343,000. Blackhawk Capital Partners LLC. boosted its stake in shares of iShares Bitcoin Trust by 26.1% in the fourth quarter. Blackhawk Capital Partners LLC. now owns 15,931 shares of the company’s stock valued at $845,000 after purchasing an additional 3,302 shares during the period. Transcendent Capital Group LLC acquired a new stake in iShares Bitcoin Trust during the 4th quarter valued at $3,456,000. W.G. Shaheen & Associates DBA Whitney & Co purchased a new stake in iShares Bitcoin Trust during the 4th quarter worth $802,000. Finally, Edge Capital Group LLC lifted its holdings in iShares Bitcoin Trust by 34.3% in the 4th quarter. Edge Capital Group LLC now owns 77,251 shares of the company’s stock worth $4,098,000 after buying an additional 19,745 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $53.41 on Tuesday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business has a 50-day moving average of $56.07 and a 200-day moving average of $46.27.

iShares Bitcoin Trust Company 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.