Altus Wealth Group LLC increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,014 shares of the company’s stock after purchasing an additional 315 shares during the period. Altus Wealth Group LLC’s holdings in iShares Bitcoin Trust were worth $319,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Union Savings Bank purchased a new stake in iShares Bitcoin Trust during the fourth quarter worth $25,000. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $25,000. City Holding Co. lifted its stake in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC boosted its position in iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC grew its stake in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after purchasing an additional 302 shares during the last quarter.
iShares Bitcoin Trust Trading Up 5.8 %
Shares of iShares Bitcoin Trust stock opened at $48.14 on Friday. The company has a 50-day simple moving average of $54.02 and a two-hundred day simple moving average of $47.68. iShares Bitcoin Trust has a one year low of $28.23 and a one year 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.
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