Consolidated Portfolio Review Corp Has $453,000 Position in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Consolidated Portfolio Review Corp raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 49.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 9,677 shares of the company’s stock after purchasing an additional 3,205 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in iShares Bitcoin Trust ETF were worth $453,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Barrett & Company Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 7.3% in the first quarter. Barrett & Company Inc. now owns 2,955 shares of the company’s stock valued at $138,000 after buying an additional 200 shares during the period. SouthState Corp raised its position in iShares Bitcoin Trust ETF by 5.5% during the fourth 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. City Holding Co. increased its position in iShares Bitcoin Trust ETF by 47.1% during the first quarter. City Holding Co. now owns 718 shares of the company’s stock worth $34,000 after buying an additional 230 shares during the last quarter. Mosley Wealth Management raised its stake in iShares Bitcoin Trust ETF by 2.5% in the 4th quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock valued at $496,000 after acquiring an additional 231 shares during the period. Finally, Ballew Advisors Inc raised its position in shares of iShares Bitcoin Trust ETF by 4.1% in the first quarter. Ballew Advisors Inc now owns 6,641 shares of the company’s stock valued at $317,000 after purchasing an additional 261 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $60.06 on Wednesday. The firm has a 50 day moving average price of $57.67 and a two-hundred day moving average price of $54.42. iShares Bitcoin Trust ETF has a 12-month low of $28.23 and a 12-month high of $63.70.

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.