Stordahl Capital Management Inc. acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,763 shares of the company’s stock, valued at approximately $253,000.
Several other hedge funds have also added to or reduced their stakes in the company. AlphaMark Advisors LLC grew its holdings in iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after acquiring an additional 200 shares during the period. City Holding Co. boosted 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 acquiring an additional 238 shares during the last quarter. Blue Trust Inc. grew its holdings in iShares Bitcoin Trust by 5.8% during the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after purchasing an additional 270 shares during the period. Asset Dedication LLC increased its stake in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its holdings in iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after purchasing an additional 304 shares during the period.
iShares Bitcoin Trust Stock Up 3.1 %
Shares of iShares Bitcoin Trust stock opened at $59.34 on Thursday. iShares Bitcoin Trust has a 12 month low of $24.13 and a 12 month high of $61.75. The stock’s fifty day simple moving average is $55.98 and its 200 day simple moving average is $43.80.
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.
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