iShares Bitcoin Trust (NASDAQ:IBIT) Stock Holdings Boosted by Maripau Wealth Management LLC

Maripau Wealth Management LLC raised its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 47.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 63,847 shares of the company’s stock after acquiring an additional 20,585 shares during the period. iShares Bitcoin Trust makes up 2.0% of Maripau Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Maripau Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $3,387,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Vienna Asset Management LLC increased its stake in iShares Bitcoin Trust by 131.6% in the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock valued at $963,000 after purchasing an additional 15,137 shares during the last quarter. Garden State Investment Advisory Services LLC purchased a new position in iShares Bitcoin Trust in the third quarter valued at approximately $656,000. Andina Capital Management LLC increased its stake in iShares Bitcoin Trust by 131.0% in the fourth 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 last quarter. B. Riley Wealth Advisors Inc. increased its stake in iShares Bitcoin Trust by 32.2% in the third 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 last quarter. Finally, Mutual Advisors LLC increased 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 valued at $8,967,000 after purchasing an additional 62,338 shares during the last quarter.

iShares Bitcoin Trust Price Performance

IBIT stock opened at $47.90 on Friday. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The business has a 50 day simple moving average of $55.25 and a 200-day simple moving average of $46.63.

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.