Heritage Investors Management Corp Makes New $303,000 Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

Heritage Investors Management Corp acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,390 shares of the company’s stock, valued at approximately $303,000.

Several other large investors have also recently bought and sold shares of IBIT. Private Advisor Group LLC increased its position in shares of iShares Bitcoin Trust by 117.9% in the third quarter. Private Advisor Group LLC now owns 335,820 shares of the company’s stock valued at $12,133,000 after buying an additional 181,700 shares in the last quarter. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter valued at $323,337,000. Kingsview Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust in the first quarter valued at $1,403,000. Axxcess Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust in the first quarter valued at $965,000. Finally, Pachira Investments Inc. purchased a new position in shares of iShares Bitcoin Trust in the third quarter valued at $1,214,000.

iShares Bitcoin Trust Trading Up 3.3 %

iShares Bitcoin Trust stock opened at $39.51 on Wednesday. The stock has a 50-day moving average price of $35.95 and a 200 day moving average price of $36.10. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $41.99.

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.