Fernwood Investment Management LLC Acquires 555 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Fernwood Investment Management LLC lifted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,584 shares of the company’s stock after purchasing an additional 555 shares during the quarter. Fernwood Investment Management LLC’s holdings in iShares Bitcoin Trust were worth $346,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of IBIT. Asset Dedication LLC raised its holdings 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 acquiring an additional 279 shares during the period. Bfsg LLC raised its stake in shares of iShares Bitcoin Trust by 34.7% in the 2nd quarter. Bfsg LLC now owns 1,360 shares of the company’s stock valued at $46,000 after purchasing an additional 350 shares during the period. Doliver Advisors LP lifted its holdings in shares of iShares Bitcoin Trust by 4.9% in the third quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock valued at $273,000 after purchasing an additional 350 shares in the last quarter. Cedar Mountain Advisors LLC boosted its position in shares of iShares Bitcoin Trust by 39.1% during the second quarter. Cedar Mountain Advisors LLC now owns 1,362 shares of the company’s stock worth $46,000 after buying an additional 383 shares during the period. Finally, Mirador Capital Partners LP grew its holdings in shares of iShares Bitcoin Trust by 4.0% during the third quarter. Mirador Capital Partners LP now owns 10,057 shares of the company’s stock worth $363,000 after buying an additional 384 shares in the last quarter.

iShares Bitcoin Trust Trading Down 1.0 %

NASDAQ IBIT traded down $0.41 during trading on Friday, hitting $39.37. The stock had a trading volume of 49,930,218 shares, compared to its average volume of 30,914,936. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $41.99. The company’s 50-day moving average price is $35.82 and its two-hundred day moving average price is $36.06.

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.