iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Horrell Capital Management Inc.

Horrell Capital Management Inc. lifted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 66.9% in the fourth quarter, Holdings Channel reports. The firm owned 1,699 shares of the company’s stock after buying an additional 681 shares during the period. Horrell Capital Management Inc.’s holdings in iShares Bitcoin Trust were worth $90,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Emerald Advisers LLC acquired a new stake in iShares Bitcoin Trust in the 4th quarter worth approximately $251,000. LPL Financial LLC raised its holdings in shares of iShares Bitcoin Trust by 485.5% in the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock worth $39,925,000 after buying an additional 624,036 shares during the last quarter. Samalin Investment Counsel LLC acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $288,000. Mosley Wealth Management grew its holdings in shares of iShares Bitcoin Trust by 2.5% during the fourth quarter. Mosley Wealth Management now owns 9,341 shares of the company’s stock valued at $496,000 after buying an additional 231 shares during the last quarter. Finally, Optimum Investment Advisors acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at $76,000.

iShares Bitcoin Trust Stock Down 0.3 %

Shares of IBIT opened at $47.70 on Monday. The stock has a 50-day moving average of $53.33 and a two-hundred day moving average of $48.29. iShares Bitcoin Trust has a one year low of $28.23 and a one year 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.