W Advisors LLC Invests $218,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

W Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 4,100 shares of the company’s stock, valued at approximately $218,000.

A number of other large investors also recently bought and sold shares of the stock. Griffin Asset Management Inc. acquired a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at about $1,108,000. Fortitude Advisory Group L.L.C. purchased a new position in iShares Bitcoin Trust during the fourth quarter worth approximately $404,000. Verde Servicos Internacionais S.A. grew its holdings in iShares Bitcoin Trust by 3,525.8% in the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after purchasing an additional 423,100 shares during the period. Joseph P. Lucia & Associates LLC increased its position in shares of iShares Bitcoin Trust by 4.5% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 7,051 shares of the company’s stock valued at $374,000 after buying an additional 304 shares in the last quarter. Finally, IRON Financial LLC acquired a new position in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $570,000.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $57.85 on Tuesday. The company’s fifty day moving average price is $55.77 and its 200 day moving average price is $43.45. iShares Bitcoin Trust has a 1 year low of $23.88 and a 1 year high of $61.75.

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.