Allie Family Office LLC lowered its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 25.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,679 shares of the company’s stock after selling 1,889 shares during the quarter. Allie Family Office LLC’s holdings in iShares Bitcoin Trust were worth $301,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Vision Financial Markets LLC purchased a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $25,000. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $25,000. City Holding Co. grew its position 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 during the last quarter. Stephens Consulting LLC increased 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 during the period. Finally, Crewe Advisors LLC raised its position in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after buying an additional 302 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
IBIT stock opened at $48.30 on Wednesday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The company has a fifty day moving average of $52.14 and a 200-day moving average of $49.09.
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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