20,000 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by Capital Management Associates NY

Capital Management Associates NY bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,000 shares of the company’s stock, valued at approximately $1,061,000.

Several other hedge funds and other institutional investors have also modified their holdings of IBIT. Pettinga Financial Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust by 34.8% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 8,630 shares of the company’s stock worth $312,000 after buying an additional 2,230 shares during the period. Atria Investments Inc acquired a new stake in iShares Bitcoin Trust in the 3rd quarter worth about $558,000. Aptus Capital Advisors LLC raised its stake in iShares Bitcoin Trust by 53.8% in the 3rd quarter. Aptus Capital Advisors LLC now owns 14,537 shares of the company’s stock worth $525,000 after purchasing an additional 5,083 shares in the last quarter. Empower Advisory Group LLC raised its stake in iShares Bitcoin Trust by 9.7% in the 3rd quarter. Empower Advisory Group LLC now owns 31,730 shares of the company’s stock worth $1,146,000 after purchasing an additional 2,799 shares in the last quarter. Finally, Empowered Funds LLC acquired a new stake in iShares Bitcoin Trust in the 3rd quarter worth about $2,298,000.

iShares Bitcoin Trust Trading Up 5.8 %

Shares of iShares Bitcoin Trust stock opened at $48.14 on Friday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The company has a 50-day simple moving average of $54.02 and a two-hundred day simple moving average of $47.60.

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.