Trilogy Capital Inc. Acquires Shares of 4,881 iShares Bitcoin Trust (NASDAQ:IBIT)

Trilogy Capital Inc. bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,881 shares of the company’s stock, valued at approximately $259,000.

Other large investors also recently modified their holdings of the company. Crewe Advisors LLC lifted its position in 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 period. Tectonic Advisors LLC acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $229,000. Deltec Asset Management LLC raised its position in shares of iShares Bitcoin Trust by 2.4% in the 4th quarter. Deltec Asset Management LLC now owns 248,544 shares of the company’s stock valued at $13,185,000 after buying an additional 5,769 shares in the last quarter. Stratos Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 58.9% during the 4th quarter. Stratos Wealth Advisors LLC now owns 10,582 shares of the company’s stock worth $561,000 after acquiring an additional 3,923 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its position in shares of iShares Bitcoin Trust by 53.8% during the 4th quarter. Stratos Wealth Partners LTD. now owns 24,403 shares of the company’s stock worth $1,295,000 after acquiring an additional 8,535 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $55.12 on Friday. The firm has a 50 day simple moving average of $56.36 and a two-hundred day simple moving average of $44.62. iShares Bitcoin Trust has a one year low of $24.49 and a one year high of $61.75.

About iShares Bitcoin Trust

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.