Greenline Partners LLC Purchases Shares of 2,441 iShares Bitcoin Trust (NASDAQ:IBIT)

Greenline Partners LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,441 shares of the company’s stock, valued at approximately $129,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IBIT. Union Savings Bank bought a new position in iShares Bitcoin Trust during the 4th quarter valued at about $25,000. Vision Financial Markets LLC acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth approximately $25,000. City Holding Co. raised its stake in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the last quarter. Stephens Consulting LLC grew its position in iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC grew 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 acquiring an additional 302 shares during the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $58.66 on Friday. The business’s fifty day moving average is $49.60 and its two-hundred day moving average is $51.79. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.

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.