Resurgent Financial Advisors LLC Sells 341 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Resurgent Financial Advisors LLC trimmed its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 1.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,883 shares of the company’s stock after selling 341 shares during the quarter. iShares Bitcoin Trust accounts for about 1.1% of Resurgent Financial Advisors LLC’s holdings, making the stock its 20th biggest holding. Resurgent Financial Advisors LLC’s holdings in iShares Bitcoin Trust were worth $1,797,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Andina Capital Management LLC increased its position in iShares Bitcoin Trust by 131.0% during the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock valued at $910,000 after purchasing an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. increased its position in shares of iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after buying an additional 9,266 shares during the period. Mutual Advisors LLC raised its stake in iShares Bitcoin Trust by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after buying an additional 62,338 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new stake in iShares Bitcoin Trust in the third quarter worth about $656,000. Finally, Stordahl Capital Management Inc. bought a new stake in iShares Bitcoin Trust during the 4th quarter valued at approximately $253,000.

iShares Bitcoin Trust Price Performance

Shares of iShares Bitcoin Trust stock opened at $47.74 on Wednesday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The business has a fifty day simple moving average of $49.41 and a two-hundred day simple moving average of $49.81.

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.