Trek Financial LLC Has $6.83 Million Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Trek Financial LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 123.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 128,712 shares of the company’s stock after acquiring an additional 71,032 shares during the period. Trek Financial LLC’s holdings in iShares Bitcoin Trust were worth $6,828,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Andina Capital Management LLC boosted its stake in shares of iShares Bitcoin Trust by 131.0% during the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after purchasing an additional 9,728 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its holdings in iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock worth $1,357,000 after acquiring an additional 9,266 shares during the last quarter. Mutual Advisors LLC raised its stake in shares of iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after acquiring an additional 62,338 shares during the last quarter. Garden State Investment Advisory Services LLC acquired a new position in shares of iShares Bitcoin Trust during the third quarter worth $656,000. Finally, Stordahl Capital Management Inc. acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at $253,000.

iShares Bitcoin Trust Stock Up 2.4 %

Shares of NASDAQ:IBIT opened at $47.71 on Friday. The business has a fifty day simple moving average of $51.45 and a 200 day simple moving average of $49.29. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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.