Heck Capital Advisors LLC Makes New Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

Heck Capital Advisors LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, Holdings Channel.com reports. The firm bought 21,296 shares of the company’s stock, valued at approximately $1,130,000.

A number of other large investors have also modified their holdings of the stock. Oxler Private Wealth LLC boosted its holdings in iShares Bitcoin Trust by 5.8% in the 4th quarter. Oxler Private Wealth LLC now owns 500,274 shares of the company’s stock worth $26,540,000 after acquiring an additional 27,331 shares during the period. GFS Advisors LLC purchased a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at $296,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at $43,000. Upper Left Wealth Management LLC grew its holdings in iShares Bitcoin Trust by 4.5% during the 4th quarter. Upper Left Wealth Management LLC now owns 89,330 shares of the company’s stock valued at $4,739,000 after purchasing an additional 3,884 shares in the last quarter. Finally, CMG Global Holdings LLC purchased a new stake in iShares Bitcoin Trust during the 4th quarter worth $1,018,000.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $57.71 on Friday. The firm has a 50-day moving average of $56.17 and a two-hundred day moving average of $44.02. iShares Bitcoin Trust has a 1-year low of $24.13 and a 1-year high of $61.75.

iShares Bitcoin Trust Company 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.