iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Hoey Investments Inc.

Hoey Investments Inc. lifted its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 188.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,595 shares of the company’s stock after purchasing an additional 3,000 shares during the quarter. Hoey Investments Inc.’s holdings in iShares Bitcoin Trust were worth $244,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Vienna Asset Management LLC boosted its holdings in shares of 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 during the period. Garden State Investment Advisory Services LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter valued at $656,000. Andina Capital Management LLC boosted its stake in iShares Bitcoin Trust by 131.0% during the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock worth $910,000 after purchasing an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. grew its position in iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock worth $1,357,000 after purchasing an additional 9,266 shares during the last quarter. Finally, Mutual Advisors LLC increased its stake 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 purchasing an additional 62,338 shares during the period.

iShares Bitcoin Trust Trading Down 3.8 %

Shares of IBIT opened at $47.56 on Monday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The firm has a 50-day simple moving average of $52.64 and a 200-day simple moving average of $48.90.

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.