Ables Iannone Moore & Associates Inc. Reduces Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Ables Iannone Moore & Associates Inc. decreased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 1.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 19,659 shares of the company’s stock after selling 210 shares during the period. iShares Bitcoin Trust accounts for 0.6% of Ables Iannone Moore & Associates Inc.’s investment portfolio, making the stock its 29th largest holding. Ables Iannone Moore & Associates Inc.’s holdings in iShares Bitcoin Trust were worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Asset Dedication LLC raised its position in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in shares of iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after buying an additional 304 shares during the last quarter. Doliver Advisors LP boosted its stake in shares of iShares Bitcoin Trust by 4.9% during the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock worth $273,000 after buying an additional 350 shares during the period. Summit Global Investments grew its holdings in shares of iShares Bitcoin Trust by 3.3% during the third quarter. Summit Global Investments now owns 11,214 shares of the company’s stock worth $405,000 after buying an additional 355 shares during the last quarter. Finally, Mirador Capital Partners LP increased its position in iShares Bitcoin Trust by 4.0% in the 3rd quarter. Mirador Capital Partners LP now owns 10,057 shares of the company’s stock valued at $363,000 after acquiring an additional 384 shares during the period.

iShares Bitcoin Trust Stock Up 3.9 %

iShares Bitcoin Trust stock traded up $2.21 during mid-day trading on Monday, reaching $58.17. 46,742,814 shares of the company were exchanged, compared to its average volume of 39,653,559. The firm’s 50-day simple moving average is $51.97 and its two-hundred day simple moving average is $41.08. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month 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.