MRA Advisory Group reduced its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 0.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,368 shares of the company’s stock after selling 640 shares during the quarter. iShares Bitcoin Trust accounts for about 2.1% of MRA Advisory Group’s investment portfolio, making the stock its 14th largest position. MRA Advisory Group’s holdings in iShares Bitcoin Trust were worth $3,892,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the business. Glass Jacobson Investment Advisors llc bought a new position in iShares Bitcoin Trust during the second quarter valued at approximately $26,000. Asset Dedication LLC boosted its position in iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after buying an additional 279 shares during the period. PSI Advisors LLC bought a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at about $30,000. West Financial Advisors LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth about $40,000. Finally, Brown Brothers Harriman & Co. bought a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at about $43,000.
iShares Bitcoin Trust Stock Performance
Shares of IBIT stock opened at $53.22 on Tuesday. The business has a 50-day moving average of $53.72 and a 200 day moving average of $41.89. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $61.75.
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.
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