Bellecapital International Ltd. Boosts Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

Bellecapital International Ltd. boosted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 30.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,431 shares of the company’s stock after buying an additional 15,556 shares during the period. Bellecapital International Ltd.’s holdings in iShares Bitcoin Trust were worth $3,524,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Stephens Consulting LLC lifted its holdings in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. AlphaMark Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after purchasing an additional 200 shares during the last quarter. Pathway Financial Advisers LLC lifted its holdings in shares of iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after purchasing an additional 230 shares during the last quarter. City Holding Co. lifted its holdings in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares during the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after purchasing an additional 270 shares during the last quarter.

iShares Bitcoin Trust Trading Up 1.2 %

Shares of IBIT opened at $47.90 on Monday. The stock has a fifty day moving average price of $55.25 and a 200-day moving average price of $46.81. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month 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.