Harel Insurance Investments & Financial Services Ltd. Invests $39,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Harel Insurance Investments & Financial Services Ltd. purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 730 shares of the company’s stock, valued at approximately $39,000.

Other institutional investors have also recently bought and sold shares of the company. Midwest Financial Group LLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter worth about $385,000. Impact Partnership Wealth LLC raised its position in iShares Bitcoin Trust by 8.6% in the 4th quarter. Impact Partnership Wealth LLC now owns 151,838 shares of the company’s stock worth $8,055,000 after purchasing an additional 12,048 shares during the last quarter. Patriot Investment Management Group Inc. lifted its holdings in iShares Bitcoin Trust by 759.6% during the 4th quarter. Patriot Investment Management Group Inc. now owns 95,115 shares of the company’s stock worth $5,046,000 after buying an additional 84,050 shares in the last quarter. LexAurum Advisors LLC boosted its position in iShares Bitcoin Trust by 18.4% in the 4th quarter. LexAurum Advisors LLC now owns 15,151 shares of the company’s stock valued at $804,000 after buying an additional 2,358 shares during the last quarter. Finally, RFG Advisory LLC increased its stake in shares of iShares Bitcoin Trust by 216.2% in the 4th quarter. RFG Advisory LLC now owns 53,794 shares of the company’s stock valued at $2,854,000 after buying an additional 36,780 shares during the period.

iShares Bitcoin Trust Stock Performance

IBIT stock opened at $59.70 on Monday. The business has a fifty day moving average of $55.77 and a 200-day moving average of $43.38. iShares Bitcoin Trust has a twelve month low of $22.58 and a twelve 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.