Greenline Partners LLC Purchases New Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Greenline Partners LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 2,441 shares of the company’s stock, valued at approximately $129,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in IBIT. Franklin Resources Inc. bought a new position in iShares Bitcoin Trust in the third quarter valued at about $1,107,000. ORG Partners LLC lifted its position in iShares Bitcoin Trust by 346.9% during the 4th quarter. ORG Partners LLC now owns 10,208 shares of the company’s stock valued at $542,000 after purchasing an additional 7,924 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Bitcoin Trust by 0.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock valued at $4,713,000 after purchasing an additional 320 shares during the last quarter. Ridgewood Investments LLC grew its position in shares of iShares Bitcoin Trust by 76.7% during the 4th quarter. Ridgewood Investments LLC now owns 6,980 shares of the company’s stock worth $370,000 after buying an additional 3,030 shares during the period. Finally, CCM Investment Advisers LLC raised its stake in shares of iShares Bitcoin Trust by 79.3% during the fourth quarter. CCM Investment Advisers LLC now owns 13,885 shares of the company’s stock worth $744,000 after buying an additional 6,140 shares during the last quarter.

iShares Bitcoin Trust Stock Up 1.8 %

IBIT opened at $58.66 on Friday. The company has a fifty day moving average price of $49.60 and a two-hundred day moving average price of $51.79. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.

iShares Bitcoin Trust 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.