Millstone Evans Group LLC Acquires Shares of 716 iShares Bitcoin Trust (NASDAQ:IBIT)

Millstone Evans Group LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 716 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Vienna Asset Management LLC boosted its holdings in iShares Bitcoin Trust by 131.6% in the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after acquiring an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter valued at $656,000. Andina Capital Management LLC grew its holdings 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 valued at $910,000 after purchasing an additional 9,728 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake 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 buying an additional 9,266 shares during the period. Finally, Mutual Advisors LLC lifted its holdings in iShares Bitcoin Trust by 65.8% in the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after buying an additional 62,338 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $50.18 on Tuesday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business has a 50-day moving average of $53.27 and a 200-day moving average of $48.42.

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.