iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Traphagen Investment Advisors LLC

Traphagen Investment Advisors LLC grew its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 16.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,799 shares of the company’s stock after buying an additional 6,192 shares during the period. Traphagen Investment Advisors LLC’s holdings in iShares Bitcoin Trust were worth $2,270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of IBIT. City Holding Co. grew its holdings 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 purchasing an additional 238 shares during the period. Asset Dedication LLC grew its holdings in shares of iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares during the period. Glass Jacobson Investment Advisors llc grew its holdings in shares of iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after purchasing an additional 304 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Bitcoin Trust by 0.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock valued at $4,713,000 after purchasing an additional 320 shares during the period. Finally, Doliver Advisors LP grew its holdings in shares of iShares Bitcoin Trust by 4.9% in the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after purchasing an additional 350 shares during the period.

iShares Bitcoin Trust Price Performance

Shares of IBIT opened at $60.42 on Wednesday. iShares Bitcoin Trust has a 12-month low of $22.02 and a 12-month high of $61.75. The firm has a 50-day moving average price of $55.08 and a 200 day moving average price of $42.69.

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.