Glass Jacobson Investment Advisors llc Grows Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 99.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,110 shares of the company’s stock after purchasing an additional 1,050 shares during the quarter. Glass Jacobson Investment Advisors llc’s holdings in iShares Bitcoin Trust were worth $112,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Union Savings Bank acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth $25,000. Vision Financial Markets LLC acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. lifted its holdings in shares of iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after purchasing an additional 238 shares during the last quarter. Stephens Consulting LLC boosted its position in shares of iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC grew its stake in iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company’s stock worth $27,000 after buying an additional 302 shares during the last quarter.

iShares Bitcoin Trust Trading Up 5.5 %

Shares of NASDAQ IBIT opened at $47.67 on Friday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The stock has a 50 day moving average of $49.70 and a two-hundred day moving average of $49.66.

iShares Bitcoin Trust 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.