Strategy Asset Managers LLC Acquires New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Strategy Asset Managers LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,675 shares of the company’s stock, valued at approximately $301,000.

A number of other large investors have also recently made changes to their positions in the stock. Union Savings Bank purchased a new stake in iShares Bitcoin Trust during the 4th quarter worth about $25,000. Vision Financial Markets LLC purchased a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth about $25,000. City Holding Co. boosted its position 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 during the period. Stephens Consulting LLC boosted its position 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 during the period. Finally, Crewe Advisors LLC grew its stake in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.

iShares Bitcoin Trust Stock Down 3.8 %

iShares Bitcoin Trust stock opened at $47.56 on Friday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The firm’s 50 day simple moving average is $52.64 and its 200 day simple moving average is $48.78.

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.