iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 78.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 51,776 shares of the company’s stock after acquiring an additional 22,790 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Bitcoin Trust were worth $2,747,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at about $25,000. Vision Financial Markets LLC acquired a new position in shares of iShares Bitcoin Trust during the 4th quarter worth approximately $25,000. City Holding Co. lifted its stake in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares in the last quarter. Stephens Consulting LLC lifted its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC grew its holdings in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after buying an additional 302 shares during the last quarter.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $47.15 on Thursday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The business has a fifty day moving average of $54.38 and a 200-day moving average of $47.53.

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.