Soltis Investment Advisors LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,211 shares of the company’s stock, valued at approximately $223,000.
Several other large investors also recently modified their holdings of the business. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth $25,000. City Holding Co. grew its holdings in iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC increased its position in shares of 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 during the last quarter. Crewe Advisors LLC raised its stake in shares of iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after purchasing an additional 302 shares in the last quarter. Finally, Asset Dedication LLC lifted its position in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the last quarter.
iShares Bitcoin Trust Trading Down 2.3 %
NASDAQ:IBIT opened at $54.11 on Wednesday. iShares Bitcoin Trust has a one year low of $27.51 and a one year high of $61.75. The stock has a 50-day simple moving average of $56.36 and a 200 day simple moving average of $45.04.
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.
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