Key Client Fiduciary Advisors LLC Acquires 8,522 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Key Client Fiduciary Advisors LLC increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 132.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 14,974 shares of the company’s stock after acquiring an additional 8,522 shares during the period. Key Client Fiduciary Advisors LLC’s holdings in iShares Bitcoin Trust were worth $794,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vienna Asset Management LLC lifted its position in shares of 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 last quarter. Garden State Investment Advisory Services LLC purchased a new position in iShares Bitcoin Trust in the 3rd quarter worth about $656,000. B. Riley Wealth Advisors Inc. lifted its holdings in iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after buying an additional 9,266 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter valued at about $11,507,000. Finally, Marathon Trading Investment Management LLC grew its stake in iShares Bitcoin Trust by 238.4% in the 3rd quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company’s stock worth $2,804,000 after acquiring an additional 54,671 shares in the last quarter.

iShares Bitcoin Trust Stock Down 1.0 %

Shares of NASDAQ:IBIT opened at $58.79 on Friday. The firm’s 50 day simple moving average is $55.44 and its 200-day simple moving average is $43.00. iShares Bitcoin Trust has a one year low of $22.57 and a one 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.