Partners Wealth Management LLC Takes $213,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Partners Wealth Management LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,015 shares of the company’s stock, valued at approximately $213,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Black Diamond Financial LLC boosted its holdings in iShares Bitcoin Trust by 15.6% in the 4th quarter. Black Diamond Financial LLC now owns 11,097 shares of the company’s stock valued at $589,000 after purchasing an additional 1,500 shares during the period. World Equity Group Inc. raised its position in shares of iShares Bitcoin Trust by 128.4% during the fourth quarter. World Equity Group Inc. now owns 20,620 shares of the company’s stock valued at $1,094,000 after buying an additional 11,593 shares during the last quarter. Ascent Wealth Partners LLC bought a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at about $363,000. Forvis Mazars Wealth Advisors LLC grew its position in iShares Bitcoin Trust by 51.8% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 22,998 shares of the company’s stock worth $1,220,000 after buying an additional 7,843 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. increased its stake in iShares Bitcoin Trust by 42.6% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 161,966 shares of the company’s stock valued at $8,592,000 after acquiring an additional 48,385 shares during the period.

iShares Bitcoin Trust Stock Down 3.7 %

iShares Bitcoin Trust stock opened at $53.94 on Monday. The business has a 50 day moving average price of $56.07 and a two-hundred day moving average price of $46.27. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.

About iShares Bitcoin Trust

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.