Vista Investment Partners II LLC Buys Shares of 6,942 iShares Bitcoin Trust (NASDAQ:IBIT)

Vista Investment Partners II LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,942 shares of the company’s stock, valued at approximately $368,000.

A number of other institutional investors have also modified their holdings of the company. Vision Financial Markets LLC purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter worth $25,000. Union Savings Bank acquired a new stake in iShares Bitcoin Trust in the 4th quarter worth about $25,000. City Holding Co. grew its holdings in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after buying an additional 238 shares during the period. Stephens Consulting LLC increased its stake in shares of iShares Bitcoin Trust by 62.8% during the 4th 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 lifted its holdings in shares of 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 acquiring an additional 302 shares during the period.

iShares Bitcoin Trust Stock Performance

iShares Bitcoin Trust stock opened at $49.43 on Monday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The firm has a 50 day moving average price of $54.78 and a 200 day moving average price of $47.38.

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.