Hippocratic Financial Advisors LLC Buys Shares of 4,492 iShares Bitcoin Trust (NASDAQ:IBIT)

Hippocratic Financial Advisors LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,492 shares of the company’s stock, valued at approximately $238,000. iShares Bitcoin Trust accounts for approximately 0.2% of Hippocratic Financial Advisors LLC’s portfolio, making the stock its 21st biggest holding.

Several other large investors also recently added to or reduced their stakes in IBIT. Vision Financial Markets LLC bought a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $25,000. Union Savings Bank bought a new position in shares of iShares Bitcoin Trust in the fourth quarter worth $25,000. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its holdings in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC boosted its stake in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after purchasing an additional 302 shares during the period.

iShares Bitcoin Trust Stock Up 0.5 %

iShares Bitcoin Trust stock opened at $49.44 on Friday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The firm’s 50 day simple moving average is $52.88 and its 200 day simple moving average is $48.57.

iShares Bitcoin Trust 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.