Stephens Consulting LLC Raises Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Stephens Consulting LLC boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 62.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 490 shares of the company’s stock after purchasing an additional 189 shares during the period. Stephens Consulting LLC’s holdings in iShares Bitcoin Trust were worth $26,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of iShares Bitcoin Trust during the second quarter valued at about $505,000. Thrivent Financial for Lutherans raised its position in iShares Bitcoin Trust by 12.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 15,505 shares of the company’s stock valued at $529,000 after purchasing an additional 1,748 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in iShares Bitcoin Trust by 40.7% in the 2nd quarter. NewEdge Advisors LLC now owns 37,227 shares of the company’s stock worth $1,271,000 after buying an additional 10,762 shares during the period. Truist Financial Corp grew its position in shares of iShares Bitcoin Trust by 17.2% in the 2nd quarter. Truist Financial Corp now owns 9,801 shares of the company’s stock worth $335,000 after buying an additional 1,436 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares Bitcoin Trust during the second quarter valued at approximately $392,000.

iShares Bitcoin Trust Stock Down 0.2 %

Shares of IBIT stock opened at $57.58 on Tuesday. The stock has a fifty day moving average of $56.19 and a 200 day moving average of $44.27. iShares Bitcoin Trust has a 52 week low of $24.13 and a 52 week 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.