Nwam LLC Purchases 1,660 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Nwam LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 18.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,904 shares of the company’s stock after acquiring an additional 1,660 shares during the period. Nwam LLC’s holdings in iShares Bitcoin Trust were worth $578,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. GenTrust LLC raised its stake in shares of iShares Bitcoin Trust by 1.8% in the fourth quarter. GenTrust LLC now owns 367,689 shares of the company’s stock valued at $19,506,000 after acquiring an additional 6,385 shares during the last quarter. Bull Oak Capital LLC raised its stake in shares of iShares Bitcoin Trust by 426.4% in the fourth quarter. Bull Oak Capital LLC now owns 124,726 shares of the company’s stock valued at $6,617,000 after acquiring an additional 101,030 shares during the last quarter. NewEdge Wealth LLC raised its stake in shares of iShares Bitcoin Trust by 161.2% in the fourth quarter. NewEdge Wealth LLC now owns 126,437 shares of the company’s stock valued at $6,708,000 after acquiring an additional 78,038 shares during the last quarter. Ndwm LLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $1,234,000. Finally, Kellett Wealth Advisors LLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $220,000.

iShares Bitcoin Trust Trading Up 1.2 %

NASDAQ:IBIT opened at $47.90 on Friday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The firm has a 50 day moving average of $55.25 and a 200-day 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.