Wedmont Private Capital purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 11,418 shares of the company’s stock, valued at approximately $615,000.
Several other large investors have also recently bought and sold shares of the business. JTC Employer Solutions Trustee Ltd boosted its position in iShares Bitcoin Trust by 64.4% during the 4th quarter. JTC Employer Solutions Trustee Ltd now owns 37,481 shares of the company’s stock worth $2,009,000 after acquiring an additional 14,682 shares during the period. Capital Investment Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth approximately $371,000. Brookstone Capital Management boosted its holdings in shares of iShares Bitcoin Trust by 2.2% during the fourth quarter. Brookstone Capital Management now owns 191,555 shares of the company’s stock worth $10,162,000 after purchasing an additional 4,173 shares during the period. Fiduciary Alliance LLC boosted its holdings in shares of iShares Bitcoin Trust by 10.5% during the fourth quarter. Fiduciary Alliance LLC now owns 243,311 shares of the company’s stock worth $12,908,000 after purchasing an additional 23,138 shares during the period. Finally, Aprio Wealth Management LLC purchased a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $1,159,000.
iShares Bitcoin Trust Trading Up 3.0 %
IBIT stock opened at $54.83 on Wednesday. The company has a 50 day moving average of $54.03 and a two-hundred day moving average of $42.03. iShares Bitcoin Trust has a 12-month low of $22.02 and a 12-month high of $61.75.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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