Aprio Wealth Management LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the 4th quarter, Holdings Channel reports. The fund bought 21,854 shares of the company’s stock, valued at approximately $1,159,000.
Several other large investors have also added to or reduced their stakes in the business. Glass Jacobson Investment Advisors llc acquired a new stake in iShares Bitcoin Trust in the second quarter valued at approximately $26,000. Asset Dedication LLC grew 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 valued at $29,000 after acquiring an additional 279 shares during the period. West Financial Advisors LLC acquired a new stake in iShares Bitcoin Trust in the third quarter valued at approximately $40,000. Brown Brothers Harriman & Co. acquired a new stake in iShares Bitcoin Trust in the second quarter valued at approximately $43,000. Finally, Hollencrest Capital Management grew its stake in iShares Bitcoin Trust by 256.7% in the second quarter. Hollencrest Capital Management now owns 1,327 shares of the company’s stock valued at $45,000 after acquiring an additional 955 shares during the period.
iShares Bitcoin Trust Price Performance
Shares of iShares Bitcoin Trust stock opened at $53.84 on Monday. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $61.75. The stock has a 50 day moving average price of $53.42 and a two-hundred day moving average price of $41.76.
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.
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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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