MSA Advisors LLC Acquires Shares of 95,670 iShares Bitcoin Trust ETF $IBIT

MSA Advisors LLC bought a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, Holdings Channel reports. The fund bought 95,670 shares of the company’s stock, valued at approximately $4,750,000. iShares Bitcoin Trust ETF makes up approximately 1.2% of MSA Advisors LLC’s holdings, making the stock its 13th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth about $25,000. Anchor Investment Management LLC grew its holdings in iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the period. Financial Life Planners bought a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at approximately $31,000. Semmax Financial Advisors Inc. lifted 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 valued at $33,000 after purchasing an additional 284 shares during the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. boosted its position in shares of iShares Bitcoin Trust ETF by 12,500.0% in the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 1.5%

IBIT stock opened at $37.17 on Wednesday. The business has a 50 day moving average of $41.77 and a 200 day moving average of $44.00. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month high of $71.82.

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.