Bison Wealth LLC Takes $3.14 Million Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Bison Wealth LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 59,181 shares of the company’s stock, valued at approximately $3,140,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vision Financial Markets LLC bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at about $25,000. Union Savings Bank bought a new stake in iShares Bitcoin Trust during the 4th quarter valued at approximately $25,000. City Holding Co. grew its stake 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 acquiring an additional 238 shares during the last quarter. Stephens Consulting LLC grew its position in 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 during the last quarter. Finally, Crewe Advisors LLC grew 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 worth $27,000 after buying an additional 302 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT opened at $54.22 on Wednesday. The business has a fifty day simple moving average of $48.74 and a 200 day simple moving average of $50.95. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

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.