Csenge Advisory Group Sells 6,996 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Csenge Advisory Group reduced its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 30.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,761 shares of the company’s stock after selling 6,996 shares during the quarter. Csenge Advisory Group’s holdings in iShares Bitcoin Trust were worth $836,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Vienna Asset Management LLC boosted its position in iShares Bitcoin Trust by 131.6% during the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after purchasing an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter valued at $656,000. Andina Capital Management LLC increased its holdings in shares of iShares Bitcoin Trust by 131.0% in the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after purchasing an additional 9,728 shares during the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of iShares Bitcoin Trust by 32.2% in 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 last quarter. Finally, Mutual Advisors LLC increased its holdings in shares of iShares Bitcoin Trust by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after purchasing an additional 62,338 shares during the last quarter.

iShares Bitcoin Trust Trading Up 1.1 %

NASDAQ:IBIT opened at $55.33 on Tuesday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The firm’s fifty day moving average price is $56.25 and its two-hundred day moving average price is $45.51.

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.