North Star Investment Management Corp. Acquires 271 Shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT)

North Star Investment Management Corp. increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 11.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,599 shares of the company’s stock after acquiring an additional 271 shares during the period. North Star Investment Management Corp.’s holdings in iShares Bitcoin Trust ETF were worth $122,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in IBIT. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth approximately $711,000. Blue Trust Inc. lifted its holdings in iShares Bitcoin Trust ETF by 14.8% during the fourth quarter. Blue Trust Inc. now owns 5,360 shares of the company’s stock worth $284,000 after acquiring an additional 691 shares during the period. Beacon Capital Management LLC purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter worth $28,000. Allworth Financial LP grew its stake in iShares Bitcoin Trust ETF by 34.0% in the 4th quarter. Allworth Financial LP now owns 25,459 shares of the company’s stock valued at $1,351,000 after purchasing an additional 6,460 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at $1,990,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $61.80 on Tuesday. iShares Bitcoin Trust ETF has a 52-week low of $28.23 and a 52-week high of $63.70. The company has a 50-day simple moving average of $56.22 and a 200 day simple moving average of $54.28.

iShares Bitcoin Trust ETF 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.