Winch Advisory Services LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 19.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,532 shares of the company’s stock after purchasing an additional 567 shares during the period. Winch Advisory Services LLC’s holdings in iShares Bitcoin Trust were worth $187,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the company. HCR Wealth Advisors grew its stake in iShares Bitcoin Trust by 5.1% during the fourth quarter. HCR Wealth Advisors now owns 31,492 shares of the company’s stock worth $1,671,000 after buying an additional 1,517 shares during the period. Redhawk Wealth Advisors Inc. acquired a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at $582,000. Wolff Wiese Magana LLC purchased a new stake in iShares Bitcoin Trust during the 4th quarter worth $60,000. Smith Anglin Financial LLC raised its position in iShares Bitcoin Trust by 94.9% in the fourth quarter. Smith Anglin Financial LLC now owns 12,545 shares of the company’s stock valued at $666,000 after purchasing an additional 6,108 shares during the period. Finally, Moseley Investment Management Inc. acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $324,000.
iShares Bitcoin Trust Stock Up 3.3 %
Shares of NASDAQ IBIT opened at $56.64 on Thursday. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $61.75. The business has a 50-day moving average of $54.29 and a 200-day moving average of $42.14.
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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