Private Capital Advisors Inc. cut its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 45.5% in the 4th quarter, HoldingsChannel reports. The fund owned 17,448 shares of the company’s stock after selling 14,550 shares during the period. Private Capital Advisors Inc.’s holdings in iShares Bitcoin Trust were worth $926,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Union Savings Bank purchased a new position in iShares Bitcoin Trust during the fourth quarter worth approximately $25,000. City Holding Co. raised its holdings 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 valued at $26,000 after buying an additional 238 shares during the period. Asset Dedication LLC grew its position in iShares Bitcoin Trust by 52.4% in the third 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. PSI Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at approximately $30,000. Finally, Glass Jacobson Investment Advisors llc lifted its position in shares of iShares Bitcoin Trust by 40.2% during the third 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 in the last quarter.
iShares Bitcoin Trust Price Performance
Shares of IBIT stock opened at $58.79 on Friday. iShares Bitcoin Trust has a 1-year low of $22.57 and a 1-year high of $61.75. The firm has a fifty day moving average of $55.44 and a two-hundred day moving average of $43.00.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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