RWA Wealth Partners LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,845 shares of the company’s stock, valued at approximately $522,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of IBIT. Vision Financial Markets LLC purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $25,000. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust during the fourth quarter valued at approximately $25,000. City Holding Co. raised its holdings in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its stake in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Finally, Crewe Advisors LLC boosted its holdings in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares in the last quarter.
iShares Bitcoin Trust Price Performance
Shares of iShares Bitcoin Trust stock opened at $48.30 on Wednesday. The company’s fifty day simple moving average is $52.14 and its two-hundred day simple moving average is $49.09. 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.
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