iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Mutual Advisors LLC

Mutual Advisors LLC increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 65.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,060 shares of the company’s stock after buying an additional 62,338 shares during the period. Mutual Advisors LLC’s holdings in iShares Bitcoin Trust were worth $8,967,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. City Holding Co. boosted its holdings in iShares Bitcoin Trust by 95.2% in 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 during the period. Asset Dedication LLC raised its position in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares in the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of 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 buying an additional 304 shares during the period. Wealth Enhancement Advisory Services LLC grew its position 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 worth $4,713,000 after buying an additional 320 shares in the last quarter. Finally, Doliver Advisors LP increased its stake in shares of iShares Bitcoin Trust by 4.9% during the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock worth $273,000 after buying an additional 350 shares during the period.

iShares Bitcoin Trust Trading Down 1.7 %

Shares of iShares Bitcoin Trust stock opened at $59.38 on Thursday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $61.75. The company has a 50 day moving average of $55.27 and a 200 day moving average of $42.89.

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.