MSA Advisors LLC Invests $4.75 Million in iShares Bitcoin Trust ETF $IBIT

MSA Advisors LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 95,670 shares of the company’s stock, valued at approximately $4,750,000. iShares Bitcoin Trust ETF comprises about 1.2% of MSA Advisors LLC’s holdings, making the stock its 13th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Titan Wealth CI Ltd acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter worth $182,000. Al Warda Investments RSC Ltd grew its stake in shares of iShares Bitcoin Trust ETF by 3.2% in the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after buying an additional 255,319 shares during the period. Carret Asset Management LLC raised its stake in iShares Bitcoin Trust ETF by 6.5% during the 4th quarter. Carret Asset Management LLC now owns 6,165 shares of the company’s stock worth $306,000 after buying an additional 377 shares during the period. Rothschild Wealth LLC boosted its holdings in iShares Bitcoin Trust ETF by 105.2% in the fourth quarter. Rothschild Wealth LLC now owns 22,471 shares of the company’s stock worth $1,116,000 after acquiring an additional 11,522 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV acquired a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $622,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $37.17 on Wednesday. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month high of $71.82. The stock’s 50 day moving average is $41.77 and its 200-day moving average is $44.00.

iShares Bitcoin Trust ETF 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.