Black Swift Group LLC Acquires 3,100 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Black Swift Group LLC lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 29.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,800 shares of the company’s stock after purchasing an additional 3,100 shares during the quarter. Black Swift Group LLC’s holdings in iShares Bitcoin Trust were worth $732,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Union Savings Bank bought a new position in iShares Bitcoin Trust in the 4th quarter valued at $25,000. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust in the fourth quarter valued at about $25,000. City Holding Co. grew its stake in iShares Bitcoin Trust by 95.2% in the fourth 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 period. Stephens Consulting LLC boosted its position in shares of iShares Bitcoin Trust by 62.8% during 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 period. Finally, Crewe Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 151.0% during 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 period.

iShares Bitcoin Trust Stock Up 4.2 %

IBIT stock opened at $51.44 on Thursday. The business has a 50-day moving average of $54.94 and a 200-day moving average of $47.06. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week 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.