RFG Advisory LLC Purchases 36,780 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

RFG Advisory LLC raised its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 216.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 53,794 shares of the company’s stock after purchasing an additional 36,780 shares during the period. RFG Advisory LLC’s holdings in iShares Bitcoin Trust were worth $2,854,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Union Savings Bank bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $25,000. City Holding Co. increased 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 in the last quarter. Asset Dedication LLC increased its position in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares in the last quarter. PSI Advisors LLC bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $30,000. Finally, Glass Jacobson Investment Advisors llc grew its position in 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 purchasing an additional 304 shares in the last quarter.

iShares Bitcoin Trust Stock Up 1.5 %

iShares Bitcoin Trust stock opened at $59.70 on Friday. iShares Bitcoin Trust has a 1-year low of $22.58 and a 1-year high of $61.75. The company has a fifty day simple moving average of $55.77 and a 200 day simple moving average of $43.30.

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.