iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by RWQ Financial Management Services Inc.

RWQ Financial Management Services Inc. grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 2,069.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,194 shares of the company’s stock after purchasing an additional 161,394 shares during the period. iShares Bitcoin Trust comprises about 3.5% of RWQ Financial Management Services Inc.’s holdings, making the stock its 13th biggest holding. RWQ Financial Management Services Inc.’s holdings in iShares Bitcoin Trust were worth $8,976,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Union Savings Bank acquired a new position in iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. Vision Financial Markets LLC purchased a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at $25,000. City Holding Co. boosted its position 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 worth $26,000 after buying an additional 238 shares during the period. Stephens Consulting LLC grew its holdings in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares in the last quarter. Finally, Crewe Advisors LLC raised its position in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after buying an additional 302 shares during the period.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT opened at $47.85 on Friday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The business has a 50-day moving average price of $53.46 and a two-hundred day moving average price of $47.98.

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.