Gainplan LLC Takes Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Gainplan LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 187,573 shares of the company’s stock, valued at approximately $9,951,000. iShares Bitcoin Trust accounts for approximately 3.8% of Gainplan LLC’s portfolio, making the stock its 5th largest holding.

Other hedge funds also recently bought and sold shares of the company. Asset Dedication LLC raised its position in iShares Bitcoin Trust by 52.4% in the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the period. Glass Jacobson Investment Advisors llc increased its stake in shares of iShares Bitcoin Trust by 40.2% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after purchasing an additional 304 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in iShares Bitcoin Trust by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock worth $4,713,000 after purchasing an additional 320 shares during the period. Doliver Advisors LP lifted its position in iShares Bitcoin Trust by 4.9% during the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after purchasing an additional 350 shares in the last quarter. Finally, Summit Global Investments grew its holdings in iShares Bitcoin Trust by 3.3% during the third quarter. Summit Global Investments now owns 11,214 shares of the company’s stock valued at $405,000 after purchasing an additional 355 shares during the period.

iShares Bitcoin Trust Stock Down 1.2 %

NASDAQ IBIT opened at $53.22 on Tuesday. iShares Bitcoin Trust has a 52 week low of $22.02 and a 52 week high of $61.75. The stock’s 50-day moving average price is $53.72 and its 200-day moving average price is $41.89.

iShares Bitcoin Trust 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.