AWM Capital LLC Acquires New Position in iShares Bitcoin Trust (NASDAQ:IBIT)

AWM Capital LLC purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,279 shares of the company’s stock, valued at approximately $492,000.

A number of other institutional investors have also recently modified their holdings of IBIT. Union Savings Bank acquired a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $25,000. City Holding Co. increased its stake in iShares Bitcoin Trust by 95.2% in the fourth 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 last quarter. Stephens Consulting LLC grew its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the period. Crewe Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after acquiring an additional 302 shares during the period. Finally, Beacon Capital Management LLC acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter worth approximately $28,000.

iShares Bitcoin Trust Stock Down 4.1 %

NASDAQ:IBIT opened at $47.96 on Thursday. The firm’s 50 day moving average is $55.54 and its two-hundred day moving average is $46.53. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.

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.