Mosaic Financial Group LLC Takes Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Mosaic Financial Group LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 5,359 shares of the company’s stock, valued at approximately $284,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Stephens Consulting LLC boosted its holdings 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 valued at $26,000 after acquiring an additional 189 shares during the period. AlphaMark Advisors LLC boosted its stake in iShares Bitcoin Trust by 8.9% during the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after purchasing an additional 200 shares during the period. Pathway Financial Advisers LLC boosted its stake in iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after purchasing an additional 230 shares during the period. SouthState Corp grew its position in iShares Bitcoin Trust by 5.5% in the 4th quarter. SouthState Corp now owns 4,411 shares of the company’s stock worth $234,000 after purchasing an additional 230 shares during the last quarter. Finally, Mosley Wealth Management increased its stake in shares of iShares Bitcoin Trust by 2.5% in the fourth quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock valued at $496,000 after purchasing an additional 231 shares during the period.

iShares Bitcoin Trust Trading Down 1.6 %

Shares of NASDAQ IBIT opened at $46.81 on Tuesday. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The stock has a 50 day simple moving average of $52.38 and a 200-day simple moving average of $48.99.

iShares Bitcoin Trust Company 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.