Aveo Capital Partners LLC Buys 13,904 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Aveo Capital Partners LLC boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 46.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,991 shares of the company’s stock after acquiring an additional 13,904 shares during the period. Aveo Capital Partners LLC’s holdings in iShares Bitcoin Trust were worth $2,334,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vienna Asset Management LLC boosted its holdings in iShares Bitcoin Trust by 131.6% in the third 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 in the last quarter. Garden State Investment Advisory Services LLC bought a new stake in iShares Bitcoin Trust in the third quarter valued at $656,000. Andina Capital Management LLC boosted its holdings in iShares Bitcoin Trust by 131.0% in the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after acquiring an additional 9,728 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in iShares Bitcoin Trust by 32.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after acquiring an additional 9,266 shares in the last quarter. Finally, Mutual Advisors LLC boosted its holdings in iShares Bitcoin Trust by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after acquiring an additional 62,338 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of IBIT stock opened at $55.33 on Friday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The company’s fifty day moving average price is $56.30 and its 200-day moving average price is $45.28.

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.