OneAscent Wealth Management LLC Has $385,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

OneAscent Wealth Management LLC grew its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,263 shares of the company’s stock after purchasing an additional 635 shares during the quarter. OneAscent Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $385,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Union Savings Bank acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at $25,000. Vision Financial Markets LLC acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at about $25,000. City Holding Co. raised its position in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after acquiring an additional 238 shares during the last quarter. Stephens Consulting LLC boosted its holdings in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC raised its holdings in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after purchasing an additional 302 shares during the last quarter.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $47.56 on Friday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The firm has a fifty day simple moving average of $52.64 and a 200 day simple moving average of $48.68.

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.