LexAurum Advisors LLC Grows Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

LexAurum Advisors LLC lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 18.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,151 shares of the company’s stock after acquiring an additional 2,358 shares during the quarter. LexAurum Advisors LLC’s holdings in iShares Bitcoin Trust were worth $804,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Union Savings Bank purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $25,000. City Holding Co. boosted its stake in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Asset Dedication LLC increased its holdings 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 purchased a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $30,000. Finally, Glass Jacobson Investment Advisors llc raised its stake in iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after buying an additional 304 shares in the last quarter.

iShares Bitcoin Trust Stock Down 1.0 %

Shares of NASDAQ IBIT opened at $58.79 on Friday. iShares Bitcoin Trust has a 12-month low of $22.57 and a 12-month high of $61.75. The stock’s fifty day simple moving average is $55.44 and its two-hundred day simple moving average is $43.00.

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.