9,235 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Heritage Wealth Partners LLC

Heritage Wealth Partners LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, Holdings Channel reports. The firm purchased 9,235 shares of the company’s stock, valued at approximately $490,000.

A number of other hedge funds also recently made changes to their positions in the stock. Vienna Asset Management LLC boosted its position in shares of iShares Bitcoin Trust by 131.6% in the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after buying an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC acquired a new stake in iShares Bitcoin Trust in the third quarter valued at approximately $656,000. B. Riley Wealth Advisors Inc. raised its stake in shares of iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after purchasing an additional 9,266 shares during the period. Capstone Investment Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the third quarter worth $11,507,000. Finally, Marathon Trading Investment Management LLC grew its holdings in iShares Bitcoin Trust by 238.4% during the 3rd quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company’s stock valued at $2,804,000 after purchasing an additional 54,671 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT stock traded down $0.62 during trading on Monday, reaching $53.22. The stock had a trading volume of 44,061,573 shares, compared to its average volume of 44,388,434. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $61.75. The firm has a fifty day moving average price of $53.42 and a 200 day moving average price of $41.76.

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.