Heritage Oak Wealth Advisors LLC Acquires Shares of 18,580 iShares Bitcoin Trust ETF $IBIT

Heritage Oak Wealth Advisors LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 18,580 shares of the company’s stock, valued at approximately $714,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $711,000. Procyon Advisors LLC grew its position in iShares Bitcoin Trust ETF by 920.1% during the fourth quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after buying an additional 205,292 shares during the period. Step Capital Management Pte. Ltd. acquired a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at $3,724,000. Columbus Macro LLC increased its holdings in iShares Bitcoin Trust ETF by 77.0% in the fourth quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock valued at $1,630,000 after buying an additional 14,284 shares in the last quarter. Finally, BIP Wealth LLC increased its holdings in iShares Bitcoin Trust ETF by 220.4% in the fourth quarter. BIP Wealth LLC now owns 27,207 shares of the company’s stock valued at $1,351,000 after buying an additional 18,716 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Up 2.1%

Shares of iShares Bitcoin Trust ETF stock opened at $34.00 on Thursday. The firm has a 50-day simple moving average of $40.26 and a two-hundred day simple moving average of $42.69. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $71.82.

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.