6,842 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Bought by Ascent Wealth Partners LLC

Ascent Wealth Partners LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,842 shares of the company’s stock, valued at approximately $363,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Forvis Mazars Wealth Advisors LLC grew its position in iShares Bitcoin Trust by 51.8% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 22,998 shares of the company’s stock worth $1,220,000 after purchasing an additional 7,843 shares during the period. Pekin Hardy Strauss Inc. grew its position in iShares Bitcoin Trust by 42.6% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 161,966 shares of the company’s stock worth $8,592,000 after purchasing an additional 48,385 shares during the period. Lansing Street Advisors grew its position in iShares Bitcoin Trust by 52.2% during the 4th quarter. Lansing Street Advisors now owns 20,010 shares of the company’s stock worth $1,062,000 after purchasing an additional 6,860 shares during the period. Howard Capital Management Inc. acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth about $9,878,000. Finally, Wealthspire Advisors LLC grew its position in iShares Bitcoin Trust by 353.1% during the 4th quarter. Wealthspire Advisors LLC now owns 77,502 shares of the company’s stock worth $4,111,000 after purchasing an additional 60,396 shares during the period.

iShares Bitcoin Trust Stock Down 3.7 %

Shares of IBIT opened at $53.94 on Friday. The business’s 50-day moving average is $56.07 and its two-hundred day moving average is $46.07. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two 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.