Nemes Rush Group LLC Grows Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Nemes Rush Group LLC increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 25.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,282 shares of the company’s stock after purchasing an additional 470 shares during the period. Nemes Rush Group LLC’s holdings in iShares Bitcoin Trust were worth $121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Union Savings Bank purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at about $25,000. Vision Financial Markets LLC purchased a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $25,000. City Holding Co. lifted its holdings in 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 period. Stephens Consulting LLC boosted its position in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after purchasing an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC grew its stake in shares of 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 purchasing an additional 302 shares during the period.

iShares Bitcoin Trust Trading Up 3.2 %

IBIT opened at $48.30 on Wednesday. The firm has a fifty day moving average price of $52.14 and a 200 day moving average price of $49.09. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year 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.