4,388 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by Obermeyer Wealth Partners

Obermeyer Wealth Partners acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, HoldingsChannel reports. The fund acquired 4,388 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds have also recently bought and sold shares of IBIT. Stephens Consulting LLC boosted its stake in shares of iShares Bitcoin Trust by 62.8% during the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after buying an additional 189 shares during the last quarter. AlphaMark Advisors LLC raised 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 valued at $130,000 after acquiring an additional 200 shares in the last quarter. Pathway Financial Advisers LLC boosted its stake in iShares Bitcoin Trust by 52.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock valued at $35,000 after acquiring an additional 230 shares during the last quarter. SouthState Corp grew its holdings in iShares Bitcoin Trust by 5.5% during the 4th quarter. SouthState Corp now owns 4,411 shares of the company’s stock worth $234,000 after acquiring an additional 230 shares in the last quarter. Finally, Mosley Wealth Management grew its holdings in iShares Bitcoin Trust by 2.5% during the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock worth $496,000 after acquiring an additional 231 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $59.62 on Wednesday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The firm’s 50-day simple moving average is $49.91 and its 200-day simple moving average is $52.17.

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.