Pure Financial Advisors LLC Takes $320,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Pure Financial Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,024 shares of the company’s stock, valued at approximately $320,000.

Other institutional investors have also added to or reduced their stakes in the company. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $25,000. City Holding Co. increased its stake in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after acquiring an additional 238 shares in the last quarter. Asset Dedication LLC lifted its position in iShares Bitcoin Trust by 52.4% during the 3rd 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. PSI Advisors LLC purchased a new stake in iShares Bitcoin Trust in the fourth quarter worth about $30,000. Finally, Glass Jacobson Investment Advisors llc boosted its position 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 worth $38,000 after purchasing an additional 304 shares in the last quarter.

iShares Bitcoin Trust Stock Down 1.7 %

IBIT stock opened at $59.38 on Thursday. The business has a 50 day moving average of $55.27 and a 200 day moving average of $42.89. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve 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.