Aveo Capital Partners LLC Boosts Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Aveo Capital Partners LLC lifted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 46.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 43,991 shares of the company’s stock after buying an additional 13,904 shares during the quarter. Aveo Capital Partners LLC’s holdings in iShares Bitcoin Trust were worth $2,334,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IBIT. Vienna Asset Management LLC raised its position in iShares Bitcoin Trust by 131.6% in the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after buying an additional 15,137 shares during the last quarter. Garden State Investment Advisory Services LLC bought a new stake in shares of iShares Bitcoin Trust during the 3rd quarter valued at about $656,000. Andina Capital Management LLC grew its stake in shares of 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. grew its stake in shares of iShares Bitcoin Trust by 32.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock valued at $1,357,000 after purchasing an additional 9,266 shares during the period. Finally, Mutual Advisors LLC grew its stake in shares of iShares Bitcoin Trust by 65.8% during the 4th quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after purchasing an additional 62,338 shares during the period.

iShares Bitcoin Trust Stock Performance

iShares Bitcoin Trust stock opened at $55.33 on Friday. The business has a 50-day simple moving average of $56.30 and a two-hundred day simple moving average of $45.28. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

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.