iShares Bitcoin Trust (NASDAQ:IBIT) is Strong Tower Advisory Services’ 4th Largest Position

Strong Tower Advisory Services lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 4.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 293,705 shares of the company’s stock after acquiring an additional 11,379 shares during the quarter. iShares Bitcoin Trust accounts for approximately 4.1% of Strong Tower Advisory Services’ investment portfolio, making the stock its 4th biggest holding. Strong Tower Advisory Services’ holdings in iShares Bitcoin Trust were worth $15,581,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. City Holding Co. raised its position in iShares Bitcoin Trust by 95.2% during the fourth quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after acquiring an additional 238 shares during the period. PSI Advisors LLC purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth about $30,000. Asset Dedication LLC raised its position in shares of iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares during the last quarter. Perkins Coie Trust Co purchased a new position in iShares Bitcoin Trust in the 4th quarter valued at about $55,000. Finally, Future Financial Wealth Managment LLC boosted its holdings in iShares Bitcoin Trust by 2,000.0% in the 4th quarter. Future Financial Wealth Managment LLC now owns 1,050 shares of the company’s stock worth $56,000 after buying an additional 1,000 shares during the last quarter.

iShares Bitcoin Trust Trading Up 4.4 %

NASDAQ:IBIT opened at $59.62 on Monday. The stock has a 50 day moving average of $54.88 and a two-hundred day moving average of $42.51. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month 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.