Legacy Advisors LLC Purchases Shares of 25,151 iShares Bitcoin Trust ETF $IBIT

Legacy Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,151 shares of the company’s stock, valued at approximately $1,249,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IBIT. Sachetta LLC increased its stake in iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock valued at $25,000 after purchasing an additional 341 shares in the last quarter. Chapman Financial Group LLC bought a new stake in iShares Bitcoin Trust ETF during the 3rd quarter valued at $25,000. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at $26,000. Anchor Investment Management LLC increased its stake in iShares Bitcoin Trust ETF by 210.3% during the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after purchasing an additional 305 shares in the last quarter. Finally, Roble Belko & Company Inc increased its stake in iShares Bitcoin Trust ETF by 77.2% during the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 1.6%

IBIT opened at $43.25 on Tuesday. The firm’s fifty day moving average price is $39.56 and its two-hundred day moving average price is $48.99. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82.

About iShares Bitcoin Trust ETF

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.