Stephens Consulting LLC Purchases 189 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Stephens Consulting LLC lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 62.8% during the 4th quarter, HoldingsChannel reports. The firm owned 490 shares of the company’s stock after acquiring an additional 189 shares during the period. Stephens Consulting LLC’s holdings in iShares Bitcoin Trust were worth $26,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. Pennsylvania Capital Management Inc. ADV bought a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $642,000. Sloy Dahl & Holst LLC lifted its position in iShares Bitcoin Trust by 11.4% during the 4th quarter. Sloy Dahl & Holst LLC now owns 17,891 shares of the company’s stock valued at $949,000 after acquiring an additional 1,835 shares during the period. Calamos Wealth Management LLC bought a new stake in iShares Bitcoin Trust during the fourth quarter worth about $796,000. Columbus Macro LLC purchased a new stake in iShares Bitcoin Trust in the fourth quarter worth about $289,000. Finally, Clay Northam Wealth Management LLC grew its holdings in iShares Bitcoin Trust by 24.3% in the fourth quarter. Clay Northam Wealth Management LLC now owns 11,925 shares of the company’s stock worth $633,000 after purchasing an additional 2,330 shares during the period.

iShares Bitcoin Trust Trading Down 0.2 %

IBIT stock opened at $57.58 on Tuesday. The firm has a 50 day moving average price of $56.19 and a 200-day moving average price of $44.27. iShares Bitcoin Trust has a 52-week low of $24.13 and a 52-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.