Wit LLC bought a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 80,970 shares of the company’s stock, valued at approximately $4,020,000. iShares Bitcoin Trust ETF makes up 0.1% of Wit LLC’s portfolio, making the stock its 18th largest holding.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Chapman Financial Group LLC purchased a new position in iShares Bitcoin Trust ETF in the third quarter worth $25,000. Marshall & Sterling Wealth Advisors Inc. boosted its position in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after buying an additional 500 shares during the period. Key Capital Management INC purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at about $26,000. Sfam LLC purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at about $26,000. Finally, Anchor Investment Management LLC boosted its position in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after buying an additional 305 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ IBIT opened at $37.17 on Wednesday. The company has a 50-day simple moving average of $41.77 and a two-hundred day simple moving average of $44.00. iShares Bitcoin Trust ETF has a 12-month low of $33.48 and a 12-month high of $71.82.
iShares Bitcoin Trust ETF 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.
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