Strategic Family Wealth Counselors L.L.C. acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 32,671 shares of the company’s stock, valued at approximately $1,733,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in IBIT. Freestone Capital Holdings LLC grew its position in iShares Bitcoin Trust by 133.9% during the 4th quarter. Freestone Capital Holdings LLC now owns 28,125 shares of the company’s stock worth $1,492,000 after purchasing an additional 16,103 shares during the period. Ethos Financial Group LLC grew its holdings in iShares Bitcoin Trust by 135.4% during the fourth quarter. Ethos Financial Group LLC now owns 16,240 shares of the company’s stock worth $862,000 after acquiring an additional 9,340 shares during the period. Lindbrook Capital LLC lifted its holdings in iShares Bitcoin Trust by 349.0% in the fourth quarter. Lindbrook Capital LLC now owns 8,980 shares of the company’s stock valued at $476,000 after acquiring an additional 6,980 shares during the period. Black Swift Group LLC boosted its position in iShares Bitcoin Trust by 29.0% in the 4th quarter. Black Swift Group LLC now owns 13,800 shares of the company’s stock worth $732,000 after purchasing an additional 3,100 shares in the last quarter. Finally, One Capital Management LLC acquired a new stake in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $477,000.
iShares Bitcoin Trust Stock Down 1.6 %
NASDAQ:IBIT opened at $50.64 on Friday. The company has a 50 day moving average price of $54.87 and a 200-day moving average price of $47.09. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75.
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.
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