Capital Analysts LLC Acquires 904 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Capital Analysts LLC lifted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 55.6% during the fourth quarter, HoldingsChannel reports. The firm owned 2,529 shares of the company’s stock after purchasing an additional 904 shares during the period. Capital Analysts LLC’s holdings in iShares Bitcoin Trust were worth $134,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Stephens Consulting LLC increased its stake in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares during the period. AlphaMark Advisors LLC increased its stake in iShares Bitcoin Trust by 8.9% during the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after acquiring an additional 200 shares during the period. Pathway Financial Advisers LLC raised its holdings in iShares Bitcoin Trust by 52.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after acquiring an additional 230 shares in the last quarter. SouthState Corp lifted its position in shares of 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 acquiring an additional 230 shares during the period. Finally, Mosley Wealth Management grew its holdings in shares of iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock worth $496,000 after purchasing an additional 231 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT opened at $53.88 on Tuesday. The stock’s 50 day simple moving average is $48.77 and its 200-day simple moving average is $50.92. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 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.