iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 26.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 15,931 shares of the company’s stock after purchasing an additional 3,302 shares during the period. Blackhawk Capital Partners LLC.’s holdings in iShares Bitcoin Trust were worth $845,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth $3,456,000. W.G. Shaheen & Associates DBA Whitney & Co purchased a new position in iShares Bitcoin Trust during the fourth quarter worth about $802,000. Edge Capital Group LLC lifted its position in iShares Bitcoin Trust by 34.3% in the fourth quarter. Edge Capital Group LLC now owns 77,251 shares of the company’s stock valued at $4,098,000 after purchasing an additional 19,745 shares during the period. Rothschild Investment LLC boosted its holdings in iShares Bitcoin Trust by 5.6% in the 4th quarter. Rothschild Investment LLC now owns 43,282 shares of the company’s stock valued at $2,296,000 after purchasing an additional 2,307 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in iShares Bitcoin Trust by 224.1% in the 4th quarter. IFP Advisors Inc now owns 12,318 shares of the company’s stock valued at $653,000 after purchasing an additional 8,517 shares in the last quarter.

iShares Bitcoin Trust Price Performance

Shares of IBIT stock opened at $53.41 on Tuesday. The stock has a 50 day simple moving average of $56.07 and a 200-day simple moving average of $46.27. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-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.