IHT Wealth Management LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 9.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 156,061 shares of the company’s stock after purchasing an additional 14,023 shares during the period. IHT Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,748,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Chapman Financial Group LLC acquired a new position in iShares Bitcoin Trust ETF in the third quarter worth about $25,000. Marshall & Sterling Wealth Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after buying an additional 500 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth approximately $26,000. Sfam LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth approximately $26,000. Finally, Anchor Investment Management LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after buying an additional 305 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Down 2.2%
NASDAQ IBIT opened at $36.36 on Thursday. The company has a 50 day moving average of $41.71 and a 200-day moving average of $43.90. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82.
iShares Bitcoin Trust ETF 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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