Financial Security Advisor Inc. Purchases New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Financial Security Advisor Inc. 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 5,265 shares of the company’s stock, valued at approximately $279,000.

Several other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC boosted its holdings in iShares Bitcoin Trust by 3,513.0% in the third quarter. International Assets Investment Management LLC now owns 32,517 shares of the company’s stock worth $1,175,000 after acquiring an additional 31,617 shares in the last quarter. Pettinga Financial Advisors LLC boosted its holdings in iShares Bitcoin Trust by 34.8% in the third quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock worth $312,000 after acquiring an additional 2,230 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Bitcoin Trust by 1.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 88,517 shares of the company’s stock worth $3,198,000 after acquiring an additional 1,445 shares in the last quarter. Pallas Capital Advisors LLC bought a new stake in iShares Bitcoin Trust in the third quarter worth $202,000. Finally, Integrated Advisors Network LLC boosted its holdings in iShares Bitcoin Trust by 20.2% in the third quarter. Integrated Advisors Network LLC now owns 27,411 shares of the company’s stock worth $990,000 after acquiring an additional 4,603 shares in the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $47.35 on Friday. The business’s fifty day simple moving average is $55.39 and its two-hundred day simple moving average is $46.53. 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.