Embree Financial Group Acquires New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Embree Financial Group acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,244 shares of the company’s stock, valued at approximately $278,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. AlphaMark Advisors LLC grew its holdings in shares of iShares Bitcoin Trust by 8.9% during the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after purchasing an additional 200 shares during the last quarter. City Holding Co. boosted its position in iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after buying an additional 238 shares during the period. Asset Dedication LLC grew its holdings in 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 during the last quarter. Glass Jacobson Investment Advisors llc increased its position in iShares Bitcoin Trust by 40.2% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after acquiring an additional 304 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares Bitcoin Trust by 0.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock valued at $4,713,000 after acquiring an additional 320 shares during the last quarter.

iShares Bitcoin Trust Trading Up 1.5 %

Shares of NASDAQ:IBIT opened at $59.70 on Friday. iShares Bitcoin Trust has a 52 week low of $22.58 and a 52 week high of $61.75. The firm’s fifty day moving average is $55.77 and its 200-day moving average is $43.38.

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.