Roanoke Asset Management Corp NY acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,325 shares of the company’s stock, valued at approximately $229,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at about $25,000. City Holding Co. lifted its stake 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 worth $26,000 after acquiring an additional 238 shares during the period. Stephens Consulting LLC boosted its holdings in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. Crewe Advisors LLC increased its position in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after purchasing an additional 302 shares during the period. Finally, Beacon Capital Management LLC bought a new position in iShares Bitcoin Trust during the 4th quarter worth approximately $28,000.
iShares Bitcoin Trust Stock Down 2.3 %
NASDAQ:IBIT opened at $54.11 on Wednesday. iShares Bitcoin Trust has a 52 week low of $27.51 and a 52 week high of $61.75. The firm’s fifty day moving average is $56.36 and its 200-day moving average is $45.04.
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.
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