Kera Capital Partners Inc. Makes New $224,000 Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

Kera Capital Partners Inc. bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,228 shares of the company’s stock, valued at approximately $224,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Vienna Asset Management LLC raised its holdings in iShares Bitcoin Trust by 131.6% during the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock valued at $963,000 after acquiring an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC bought a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at $656,000. B. Riley Wealth Advisors Inc. raised its stake in shares of iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after purchasing an additional 9,266 shares during the period. Capstone Investment Advisors LLC bought a new position in iShares Bitcoin Trust in the 3rd quarter worth about $11,507,000. Finally, Marathon Trading Investment Management LLC boosted its stake in iShares Bitcoin Trust by 238.4% in the 3rd quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company’s stock worth $2,804,000 after purchasing an additional 54,671 shares during the period.

iShares Bitcoin Trust Trading Up 4.4 %

Shares of IBIT opened at $59.62 on Monday. The business’s 50-day moving average price is $54.88 and its 200-day moving average price is $42.51. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $61.75.

About iShares Bitcoin Trust

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.