Key Client Fiduciary Advisors LLC Invests $233,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Key Client Fiduciary Advisors LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,452 shares of the company’s stock, valued at approximately $233,000.

Several other large investors have also recently made changes to their positions in the stock. FinTrust Capital Advisors LLC purchased a new position in iShares Bitcoin Trust in the 1st quarter valued at approximately $26,000. Glass Jacobson Investment Advisors llc purchased a new position in iShares Bitcoin Trust in the second quarter worth approximately $26,000. Asset Dedication LLC lifted its stake in iShares Bitcoin Trust by 52.4% in the third 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. Sound Income Strategies LLC purchased a new position in iShares Bitcoin Trust in the first quarter worth approximately $30,000. Finally, Creekmur Asset Management LLC purchased a new position in iShares Bitcoin Trust in the first quarter worth approximately $30,000.

iShares Bitcoin Trust Stock Up 2.7 %

iShares Bitcoin Trust stock traded up $1.02 during trading on Friday, reaching $39.07. The stock had a trading volume of 39,820,519 shares, compared to its average volume of 30,326,688. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The business has a 50 day moving average price of $34.80 and a 200 day moving average price of $36.02.

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.