HCR Wealth Advisors Has $1.67 Million Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

HCR Wealth Advisors boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,492 shares of the company’s stock after buying an additional 1,517 shares during the quarter. HCR Wealth Advisors’ holdings in iShares Bitcoin Trust were worth $1,671,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Asset Dedication LLC grew its holdings in iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its position in shares of iShares Bitcoin Trust by 40.2% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after purchasing an additional 304 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake 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 valued at $4,713,000 after purchasing an additional 320 shares during the last quarter. Doliver Advisors LP increased its holdings in shares of iShares Bitcoin Trust by 4.9% in the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after purchasing an additional 350 shares in the last quarter. Finally, Summit Global Investments raised its position in iShares Bitcoin Trust by 3.3% in the 3rd quarter. Summit Global Investments now owns 11,214 shares of the company’s stock worth $405,000 after purchasing an additional 355 shares during the last quarter.

iShares Bitcoin Trust Trading Up 3.3 %

Shares of IBIT opened at $56.64 on Thursday. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $61.75. The business’s fifty day moving average price is $54.29 and its two-hundred day moving average price is $42.14.

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.