Independent Family Office LLC increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 24.6% during the 4th quarter, HoldingsChannel reports. The firm owned 14,825 shares of the company’s stock after purchasing an additional 2,925 shares during the period. Independent Family Office LLC’s holdings in iShares Bitcoin Trust were worth $786,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $25,000. Vision Financial Markets LLC bought a new stake in iShares Bitcoin Trust in the 4th quarter valued at approximately $25,000. City Holding Co. lifted its stake in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC lifted its stake in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
NASDAQ IBIT opened at $48.06 on Tuesday. The stock’s 50 day moving average price is $53.82 and its two-hundred day moving average price is $47.88. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week 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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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