Atala Financial Inc Invests $143,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Atala Financial Inc acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,695 shares of the company’s stock, valued at approximately $143,000.

Other large investors have also modified their holdings of the company. Vision Financial Markets LLC purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $25,000. Union Savings Bank purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $25,000. City Holding Co. increased its holdings 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 buying an additional 238 shares during the last quarter. Stephens Consulting LLC increased its holdings in iShares Bitcoin Trust by 62.8% in the fourth 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 last quarter. Finally, Crewe Advisors LLC increased its holdings in iShares Bitcoin Trust by 151.0% in the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after buying an additional 302 shares during the last quarter.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $48.14 on Friday. The business’s fifty day moving average price is $54.02 and its 200 day moving average price is $47.60. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month 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.