5,587 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by GFS Advisors LLC

GFS Advisors LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,587 shares of the company’s stock, valued at approximately $296,000.

Other hedge funds also recently modified their holdings of the company. AlphaMark Advisors LLC boosted its holdings in iShares Bitcoin Trust by 8.9% in the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after purchasing an additional 200 shares in the last quarter. City Holding Co. boosted its stake in shares of iShares Bitcoin Trust by 95.2% during the 4th 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. Blue Trust Inc. increased its holdings in shares of iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after acquiring an additional 270 shares during the last quarter. Asset Dedication LLC raised its stake in shares of 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 acquiring an additional 279 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc lifted its holdings in iShares Bitcoin Trust by 40.2% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock worth $38,000 after purchasing an additional 304 shares during the last quarter.

iShares Bitcoin Trust Stock Down 3.4 %

Shares of iShares Bitcoin Trust stock opened at $57.71 on Friday. iShares Bitcoin Trust has a 12-month low of $24.13 and a 12-month high of $61.75. The stock has a 50 day moving average price of $56.17 and a two-hundred day moving average price of $44.02.

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.