Jackson Hole Capital Partners LLC Makes New $2.31 Million Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

Jackson Hole Capital Partners LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, Holdings Channel.com reports. The fund purchased 43,552 shares of the company’s stock, valued at approximately $2,310,000.

A number of other large investors have also made changes to their positions in the stock. Vision Financial Markets LLC purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $25,000. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth approximately $25,000. City Holding Co. boosted its position 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 boosted its position in shares of iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC lifted 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 valued at $27,000 after buying an additional 302 shares in the last quarter.

iShares Bitcoin Trust Trading Down 2.4 %

IBIT opened at $49.43 on Friday. The firm’s 50 day moving average is $54.78 and its 200-day moving average is $47.29. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

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.