WealthPlan Investment Management LLC bought a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 28,613 shares of the company’s stock, valued at approximately $1,421,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Spear Holdings RSC Ltd bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $22,869,000. Financial Security Advisor Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 18.5% during the fourth quarter. Financial Security Advisor Inc. now owns 6,240 shares of the company’s stock worth $310,000 after buying an additional 975 shares during the last quarter. Kapstone Financial Advisors LLC bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $2,034,000. Wakefield Asset Management LLLP grew its stake in shares of iShares Bitcoin Trust ETF by 27.5% during the fourth quarter. Wakefield Asset Management LLLP now owns 50,628 shares of the company’s stock worth $2,514,000 after buying an additional 10,912 shares during the last quarter. Finally, 1ST Source Bank grew its stake in shares of iShares Bitcoin Trust ETF by 5.8% during the fourth quarter. 1ST Source Bank now owns 5,025 shares of the company’s stock worth $249,000 after buying an additional 275 shares during the last quarter.
iShares Bitcoin Trust ETF Price Performance
NASDAQ IBIT opened at $44.82 on Monday. The firm’s fifty day moving average price is $41.73 and its two-hundred day moving average price is $46.54. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82.
iShares Bitcoin Trust ETF 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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