Udine Wealth Management Inc. grew its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 4.4% during the first quarter, Holdings Channel.com reports. The firm owned 57,630 shares of the company’s stock after acquiring an additional 2,414 shares during the period. iShares Bitcoin Trust ETF accounts for about 1.8% of Udine Wealth Management Inc.’s portfolio, making the stock its 13th largest position. Udine Wealth Management Inc.’s holdings in iShares Bitcoin Trust ETF were worth $2,698,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Vision Financial Markets LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $25,000. Crewe Advisors LLC lifted its holdings in iShares Bitcoin Trust ETF 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 in the last quarter. Beacon Capital Management LLC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at $28,000. Whittier Trust Co. of Nevada Inc. bought a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at $28,000. Finally, Graney & King LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $31,000.
iShares Bitcoin Trust ETF Stock Performance
IBIT stock opened at $59.26 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $28.23 and a twelve month high of $63.70. The business has a fifty day moving average of $54.36 and a 200-day moving average of $54.00.
About iShares Bitcoin Trust ETF
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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