Orin Green Financial LLC Acquires 1,468 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Orin Green Financial LLC lifted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 21.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,263 shares of the company’s stock after purchasing an additional 1,468 shares during the quarter. Orin Green Financial LLC’s holdings in iShares Bitcoin Trust were worth $299,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. FinTrust Capital Advisors LLC bought a new position in shares of iShares Bitcoin Trust during the first quarter worth approximately $26,000. Creekmur Asset Management LLC acquired a new stake in shares of iShares Bitcoin Trust during the 1st quarter worth approximately $30,000. Sound Income Strategies LLC acquired a new stake in shares of iShares Bitcoin Trust during the 1st quarter worth approximately $30,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter worth approximately $26,000. Finally, Asset Dedication LLC boosted its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT traded down $0.44 during trading hours on Thursday, hitting $38.14. 6,046,476 shares of the stock were exchanged, compared to its average volume of 30,207,699. The company’s fifty day simple moving average is $34.63 and its two-hundred day simple moving average is $36.01. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $41.99.

iShares Bitcoin Trust 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.