Altiora Financial Group LLC Grows Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Altiora Financial Group LLC increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,638 shares of the company’s stock after buying an additional 1,346 shares during the period. Altiora Financial Group LLC’s holdings in iShares Bitcoin Trust were worth $1,201,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBIT. Pettinga Financial Advisors LLC increased its stake in iShares Bitcoin Trust by 34.8% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock worth $312,000 after buying an additional 2,230 shares during the period. Summit Global Investments increased its stake in iShares Bitcoin Trust by 3.3% during the 3rd quarter. Summit Global Investments now owns 11,214 shares of the company’s stock worth $405,000 after buying an additional 355 shares during the period. Leavell Investment Management Inc. purchased a new stake in iShares Bitcoin Trust during the 3rd quarter worth $217,000. CWA Asset Management Group LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth about $3,276,000. Finally, Verdence Capital Advisors LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth about $295,000.

iShares Bitcoin Trust Price Performance

IBIT opened at $49.43 on Monday. The company has a 50-day moving average of $54.78 and a 200-day moving average of $47.38. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year 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.