iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 280.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,585 shares of the company’s stock after acquiring an additional 17,387 shares during the quarter. Financial Advocates Investment Management’s holdings in iShares Bitcoin Trust were worth $1,251,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Stephens Consulting LLC raised its holdings 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 in the last quarter. AlphaMark Advisors LLC increased its holdings in shares of iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock valued at $130,000 after buying an additional 200 shares in the last quarter. City Holding Co. lifted its position in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock worth $262,000 after acquiring an additional 270 shares in the last quarter. Finally, Asset Dedication LLC lifted its holdings 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 valued at $29,000 after purchasing an additional 279 shares during the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $55.12 on Friday. iShares Bitcoin Trust has a fifty-two week low of $24.49 and a fifty-two week high of $61.75. The firm’s 50 day simple moving average is $56.36 and its 200-day simple moving average is $44.62.

iShares Bitcoin Trust Company 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.