Ashton Thomas Private Wealth LLC Acquires Shares of 8,325 iShares Bitcoin Trust (NASDAQ:IBIT)

Ashton Thomas Private Wealth LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,325 shares of the company’s stock, valued at approximately $442,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Stephens Consulting LLC grew its stake in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. AlphaMark Advisors LLC grew its stake in shares of iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after acquiring an additional 200 shares in the last quarter. Pathway Financial Advisers LLC grew its stake in shares of iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after acquiring an additional 230 shares in the last quarter. City Holding Co. grew its stake in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in shares of iShares Bitcoin Trust by 5.8% in the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after acquiring an additional 270 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT stock opened at $44.91 on Tuesday. The company’s 50-day simple moving average is $54.61 and its 200 day simple moving average is $47.45. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.

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.