Atala Financial Inc bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,695 shares of the company’s stock, valued at approximately $143,000.
Other hedge funds also recently made changes to their positions in the company. Vision Financial Markets LLC purchased a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $25,000. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. grew 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 worth $26,000 after purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC grew its holdings in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC grew its holdings in shares of iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after purchasing an additional 302 shares during the last quarter.
iShares Bitcoin Trust Stock Up 5.8 %
Shares of IBIT stock opened at $48.14 on Friday. The stock’s 50-day moving average is $54.02 and its two-hundred day moving average is $47.60. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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