Arlington Trust Co LLC Purchases 1,450 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Arlington Trust Co LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 580.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,700 shares of the company’s stock after acquiring an additional 1,450 shares during the quarter. Arlington Trust Co LLC’s holdings in iShares Bitcoin Trust were worth $90,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IBIT. Stephens Consulting LLC lifted 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 valued at $26,000 after purchasing an additional 189 shares in the last quarter. AlphaMark Advisors LLC raised its position in iShares Bitcoin Trust by 8.9% in the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after buying an additional 200 shares during the last quarter. City Holding Co. lifted its stake in iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the period. Blue Trust Inc. boosted its holdings in shares of iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after acquiring an additional 270 shares during the last quarter. Finally, Asset Dedication LLC grew its position in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the period.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $54.47 on Monday. iShares Bitcoin Trust has a 1-year low of $25.64 and a 1-year high of $61.75. The business’s fifty day moving average price is $56.35 and its 200-day moving average price is $44.86.

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.