Wellington Shields Capital Management LLC increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 118.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,110 shares of the company’s stock after buying an additional 12,550 shares during the period. Wellington Shields Capital Management LLC’s holdings in iShares Bitcoin Trust were worth $1,226,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. Union Savings Bank acquired a new stake in iShares Bitcoin Trust in the fourth quarter worth $25,000. Vision Financial Markets LLC bought a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. grew its position in shares of iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after acquiring an additional 238 shares during the last quarter. Stephens Consulting LLC increased its holdings in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock worth $26,000 after acquiring an additional 189 shares during the period. Finally, Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after purchasing an additional 302 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
NASDAQ IBIT opened at $45.52 on Friday. The company has a 50-day moving average price of $54.18 and a two-hundred day moving average price of $47.51. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week 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.
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