611 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by New England Capital Financial Advisors LLC

New England Capital Financial Advisors LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 611 shares of the company’s stock, valued at approximately $32,000.

Several other large investors have also modified their holdings of the business. Abound Financial LLC bought a new stake in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $322,000. First Horizon Advisors Inc. increased its stake in iShares Bitcoin Trust by 59.0% in the fourth quarter. First Horizon Advisors Inc. now owns 4,771 shares of the company’s stock worth $253,000 after purchasing an additional 1,771 shares during the period. Callan Capital LLC bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $204,000. Thompson Davis & CO. Inc. purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at $548,000. Finally, Element Wealth LLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter worth about $248,000.

iShares Bitcoin Trust Stock Down 3.7 %

IBIT stock opened at $53.94 on Friday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The firm’s 50-day moving average is $56.07 and its 200 day moving average is $46.07.

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.