Altus Wealth Group LLC Acquires Shares of 5,699 iShares Bitcoin Trust (NASDAQ:IBIT)

Altus Wealth Group LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,699 shares of the company’s stock, valued at approximately $206,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FinTrust Capital Advisors LLC bought a new position in iShares Bitcoin Trust in the first quarter valued at approximately $26,000. Glass Jacobson Investment Advisors llc bought a new position in shares of iShares Bitcoin Trust during the second quarter worth $26,000. Asset Dedication LLC boosted its position in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after purchasing an additional 279 shares in the last quarter. Sound Income Strategies LLC bought a new position in shares of iShares Bitcoin Trust during the first quarter worth $30,000. Finally, Creekmur Asset Management LLC bought a new stake in iShares Bitcoin Trust in the 1st quarter valued at $30,000.

iShares Bitcoin Trust Trading Down 1.0 %

IBIT traded down $0.37 during trading on Wednesday, hitting $38.04. The company had a trading volume of 5,496,486 shares, compared to its average volume of 30,161,045. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $41.99. The firm’s 50-day moving average price is $34.98 and its 200 day moving average price is $35.99.

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.