7,600 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Bought by Dock Street Asset Management Inc.

Dock Street Asset Management Inc. bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,600 shares of the company’s stock, valued at approximately $403,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Stephens Consulting LLC increased its stake in iShares Bitcoin Trust by 62.8% during the 4th 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 grew its holdings in shares of iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after purchasing an additional 200 shares during the last quarter. City Holding Co. lifted its stake in shares of iShares Bitcoin Trust by 95.2% in 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 last quarter. Blue Trust Inc. grew its holdings in shares of iShares Bitcoin Trust by 5.8% in the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock worth $262,000 after purchasing an additional 270 shares during the last quarter. Finally, Asset Dedication LLC boosted its position in iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after buying an additional 279 shares during the period.

iShares Bitcoin Trust Stock Down 0.4 %

Shares of NASDAQ:IBIT opened at $55.12 on Friday. The company has a 50-day moving average price of $56.36 and a 200-day moving average price of $44.62. iShares Bitcoin Trust has a 12 month low of $24.49 and a 12 month 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.