Advisortrust Partners LLC Takes $2.28 Million Position in iShares Bitcoin Trust ETF $IBIT

Advisortrust Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 45,999 shares of the company’s stock, valued at approximately $2,284,000. iShares Bitcoin Trust ETF accounts for 1.0% of Advisortrust Partners LLC’s investment portfolio, making the stock its 25th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IBIT. Chapman Financial Group LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at $25,000. Marshall & Sterling Wealth Advisors Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Key Capital Management INC acquired a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth about $26,000. Vermillion & White Wealth Management Group LLC grew its stake in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after buying an additional 459 shares in the last quarter. Finally, Sfam LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at about $26,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $33.48 and a fifty-two week high of $71.82. The business has a 50 day moving average price of $41.54 and a two-hundred day moving average price of $43.73.

iShares Bitcoin Trust ETF 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.