Silverleafe Capital Partners LLC Invests $734,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Silverleafe Capital Partners LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 13,840 shares of the company’s stock, valued at approximately $734,000.

Several other large investors have also bought and sold shares of IBIT. Private Advisor Group LLC purchased a new position in iShares Bitcoin Trust in the 2nd quarter worth approximately $5,262,000. Lake Street Advisors Group LLC purchased a new stake in shares of iShares Bitcoin Trust during the second quarter valued at $814,000. MRA Advisory Group purchased a new stake in shares of iShares Bitcoin Trust during the second quarter valued at $1,939,000. X Square Capital LLC increased its holdings in iShares Bitcoin Trust by 2.7% in the 2nd quarter. X Square Capital LLC now owns 224,396 shares of the company’s stock worth $7,661,000 after buying an additional 5,859 shares in the last quarter. Finally, HCR Wealth Advisors raised its position in iShares Bitcoin Trust by 128.0% in the 2nd quarter. HCR Wealth Advisors now owns 12,245 shares of the company’s stock worth $418,000 after buying an additional 6,875 shares during the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT traded up $2.07 during trading on Monday, reaching $58.03. 34,485,695 shares of the company traded hands, compared to its average volume of 35,474,238. The firm has a 50 day simple moving average of $51.97 and a 200-day simple moving average of $41.05. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week 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.