Fiduciary Planning LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 14,956 shares of the company’s stock, valued at approximately $793,000.
A number of other institutional investors have also recently added to or reduced their stakes in IBIT. Renaissance Technologies LLC purchased a new stake in iShares Bitcoin Trust during the second quarter worth about $505,000. Thrivent Financial for Lutherans boosted its holdings in iShares Bitcoin Trust by 12.7% during the second quarter. Thrivent Financial for Lutherans now owns 15,505 shares of the company’s stock worth $529,000 after buying an additional 1,748 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in iShares Bitcoin Trust by 40.7% during the second quarter. NewEdge Advisors LLC now owns 37,227 shares of the company’s stock worth $1,271,000 after buying an additional 10,762 shares in the last quarter. Truist Financial Corp boosted its holdings in iShares Bitcoin Trust by 17.2% during the second quarter. Truist Financial Corp now owns 9,801 shares of the company’s stock worth $335,000 after buying an additional 1,436 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust in the second quarter valued at about $392,000.
iShares Bitcoin Trust Stock Down 3.4 %
Shares of NASDAQ IBIT opened at $57.71 on Monday. iShares Bitcoin Trust has a 12-month low of $24.13 and a 12-month high of $61.75. The firm’s 50-day moving average is $56.19 and its two-hundred day moving average is $44.22.
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.
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