Kavar Capital Partners Group LLC Invests $205,000 in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Kavar Capital Partners Group LLC purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 4,375 shares of the company’s stock, valued at approximately $205,000.

A number of other large investors have also recently bought and sold shares of the business. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth about $28,000. Graney & King LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth about $31,000. IAG Wealth Partners LLC acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at about $32,000. Finally, City Holding Co. raised its stake in iShares Bitcoin Trust ETF by 47.1% during the 1st quarter. City Holding Co. now owns 718 shares of the company’s stock valued at $34,000 after acquiring an additional 230 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 2.0%

iShares Bitcoin Trust ETF stock opened at $61.28 on Thursday. The stock has a 50 day moving average of $57.93 and a two-hundred day moving average of $54.47. iShares Bitcoin Trust ETF has a twelve month low of $28.23 and a twelve month high of $63.70.

iShares Bitcoin Trust ETF 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.