Trek Financial LLC Purchases 15,280 Shares of iShares Bitcoin Trust ETF $IBIT

Trek Financial LLC boosted its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 8.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,965 shares of the company’s stock after buying an additional 15,280 shares during the period. Trek Financial LLC’s holdings in iShares Bitcoin Trust ETF were worth $9,432,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IBIT. Caprock Group LLC acquired a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $1,536,000. Kingstone Capital Partners Texas LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock worth $4,220,000 after buying an additional 21,815 shares during the last quarter. Investment House LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth approximately $800,000. Brighton Jones LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Finally, Copperleaf Capital LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 16.9% in the 3rd quarter. Copperleaf Capital LLC now owns 536,552 shares of the company’s stock worth $34,876,000 after buying an additional 77,414 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $46.47 on Tuesday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The stock’s 50 day moving average price is $41.22 and its 200-day moving average price is $47.03.

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.