DeDora Capital Inc. Grows Position in iShares Bitcoin Trust (NASDAQ:IBIT)

DeDora Capital Inc. increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 4.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,824 shares of the company’s stock after buying an additional 506 shares during the quarter. DeDora Capital Inc.’s holdings in iShares Bitcoin Trust were worth $627,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Union Savings Bank purchased a new position in iShares Bitcoin Trust during the 4th quarter worth approximately $25,000. City Holding Co. grew 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 worth $26,000 after buying an additional 238 shares during the last quarter. Stephens Consulting LLC grew 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 worth $26,000 after buying an additional 189 shares during the last quarter. Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after acquiring an additional 302 shares during the period. Finally, PSI Advisors LLC acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth approximately $30,000.

iShares Bitcoin Trust Stock Up 1.1 %

iShares Bitcoin Trust stock opened at $55.33 on Friday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The stock has a 50 day moving average of $56.30 and a two-hundred day moving average of $45.28.

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.