Calamos Wealth Management LLC Purchases Shares of 15,005 iShares Bitcoin Trust (NASDAQ:IBIT)

Calamos Wealth Management LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 15,005 shares of the company’s stock, valued at approximately $796,000.

Other hedge funds also recently modified their holdings of the company. Union Savings Bank acquired a new stake in iShares Bitcoin Trust in the fourth quarter valued at $25,000. City Holding Co. raised its holdings in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares during the period. PSI Advisors LLC acquired a new stake in iShares Bitcoin Trust in the 4th quarter valued at about $30,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares Bitcoin Trust during the fourth quarter worth about $39,000. Finally, New Wave Wealth Advisors LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter worth approximately $43,000.

iShares Bitcoin Trust Stock Down 2.5 %

IBIT opened at $56.13 on Wednesday. iShares Bitcoin Trust has a 12-month low of $24.13 and a 12-month high of $61.75. The business has a 50 day moving average of $56.26 and a 200-day moving average of $44.42.

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.