OneAscent Financial Services LLC Purchases New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

OneAscent Financial Services LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,779 shares of the company’s stock, valued at approximately $837,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Proficio Capital Partners LLC increased its position in shares of iShares Bitcoin Trust by 6,401.8% during the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after purchasing an additional 4,573,794 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Bitcoin Trust by 485.5% during the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock worth $39,925,000 after buying an additional 624,036 shares in the last quarter. Verde Servicos Internacionais S.A. raised its position in shares of iShares Bitcoin Trust by 3,525.8% in the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after buying an additional 423,100 shares during the last quarter. Parallax Volatility Advisers L.P. grew its stake in iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after acquiring an additional 370,000 shares in the last quarter. Finally, NINE MASTS CAPITAL Ltd grew its stake in iShares Bitcoin Trust by 29.6% during the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock valued at $80,541,000 after acquiring an additional 346,918 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $49.41 on Thursday. The stock’s 50 day simple moving average is $51.94 and its 200-day simple moving average is $49.10. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75.

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.