Compass Financial Services Inc bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,827 shares of the company’s stock, valued at approximately $97,000.
Several other hedge funds also recently bought and sold shares of the company. Union Savings Bank purchased a new stake in iShares Bitcoin Trust during the 4th quarter valued at approximately $25,000. City Holding Co. boosted its position in shares of 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 last quarter. Stephens Consulting LLC grew its stake in iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. Crewe Advisors LLC increased its holdings in iShares Bitcoin Trust by 151.0% in the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock valued at $27,000 after acquiring an additional 302 shares during the last quarter. Finally, Asset Dedication LLC increased its holdings in iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after acquiring an additional 279 shares during the last quarter.
iShares Bitcoin Trust Price Performance
IBIT opened at $54.47 on Friday. The firm has a 50-day simple moving average of $56.35 and a two-hundred day simple moving average of $44.80. iShares Bitcoin Trust has a 52 week low of $25.64 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.
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