Truvestments Capital LLC Purchases 19,515 Shares of iShares Bitcoin Trust ETF $IBIT

Truvestments Capital LLC raised its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 18.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,606 shares of the company’s stock after acquiring an additional 19,515 shares during the period. iShares Bitcoin Trust ETF makes up approximately 1.1% of Truvestments Capital LLC’s investment portfolio, making the stock its 11th largest position. Truvestments Capital LLC’s holdings in iShares Bitcoin Trust ETF were worth $6,286,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Chapman Financial Group LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth approximately $25,000. Anchor Investment Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after acquiring an additional 305 shares during the period. Financial Life Planners bought a new stake in shares of iShares Bitcoin Trust ETF during the third quarter worth approximately $31,000. Semmax Financial Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after acquiring an additional 284 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $36.04 on Monday. iShares Bitcoin Trust ETF has a 12-month low of $33.48 and a 12-month high of $71.82. The business has a 50 day moving average of $41.79 and a 200-day moving average of $44.18.

iShares Bitcoin Trust ETF 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.