Modera Wealth Management LLC reduced its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 4.2% in the fourth quarter, HoldingsChannel reports. The fund owned 12,783 shares of the company’s stock after selling 556 shares during the period. Modera Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $678,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Union Savings Bank purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $25,000. City Holding Co. raised its holdings in iShares Bitcoin Trust by 95.2% in the fourth 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 raised its holdings in iShares Bitcoin Trust by 62.8% in the fourth 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 raised its holdings in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after buying an additional 302 shares during the last quarter. Finally, Beacon Capital Management LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter worth about $28,000.
iShares Bitcoin Trust Stock Up 1.0 %
Shares of iShares Bitcoin Trust stock opened at $49.39 on Wednesday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The company has a 50-day simple moving average of $55.04 and a two-hundred day simple moving average of $47.03.
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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