iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Mutual Advisors LLC

Mutual Advisors LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 65.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,060 shares of the company’s stock after acquiring an additional 62,338 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Bitcoin Trust were worth $8,967,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Traynor Capital Management Inc. grew its stake in shares of iShares Bitcoin Trust by 3.0% in the 4th quarter. Traynor Capital Management Inc. now owns 79,450 shares of the company’s stock valued at $4,215,000 after purchasing an additional 2,283 shares during the last quarter. Wesbanco Bank Inc. increased its position in iShares Bitcoin Trust by 0.6% during the 4th quarter. Wesbanco Bank Inc. now owns 99,645 shares of the company’s stock worth $5,286,000 after purchasing an additional 638 shares during the period. Bartlett & CO. Wealth Management LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter worth $49,000. Evolution Wealth Advisors LLC increased its holdings in shares of iShares Bitcoin Trust by 44.7% in the 4th quarter. Evolution Wealth Advisors LLC now owns 176,780 shares of the company’s stock valued at $9,378,000 after purchasing an additional 54,651 shares in the last quarter. Finally, Magnus Financial Group LLC increased its holdings in iShares Bitcoin Trust by 3,168.0% in the fourth quarter. Magnus Financial Group LLC now owns 340,888 shares of the company’s stock valued at $18,084,000 after buying an additional 330,457 shares in the last quarter.

iShares Bitcoin Trust Trading Down 1.7 %

IBIT opened at $59.38 on Thursday. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $61.75. The business’s fifty day moving average is $55.27 and its two-hundred day moving average is $42.89.

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.