Financial Enhancement Group LLC Purchases New Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Financial Enhancement Group LLC acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 68,486 shares of the company’s stock, valued at approximately $3,645,000.

Several other large investors have also recently bought and sold shares of the company. Asset Dedication LLC raised its position 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 last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in iShares Bitcoin Trust by 40.2% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,060 shares of the company’s stock valued at $38,000 after acquiring an additional 304 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in iShares Bitcoin Trust by 0.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 88,837 shares of the company’s stock worth $4,713,000 after purchasing an additional 320 shares during the period. Doliver Advisors LP raised its holdings in iShares Bitcoin Trust by 4.9% during the 3rd quarter. Doliver Advisors LP now owns 7,558 shares of the company’s stock worth $273,000 after purchasing an additional 350 shares during the last quarter. Finally, Summit Global Investments lifted its position in iShares Bitcoin Trust by 3.3% during the 3rd quarter. Summit Global Investments now owns 11,214 shares of the company’s stock valued at $405,000 after purchasing an additional 355 shares during the period.

iShares Bitcoin Trust Stock Up 3.3 %

Shares of NASDAQ IBIT opened at $56.64 on Thursday. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $61.75. The firm’s 50-day moving average is $54.29 and its 200-day moving average is $42.14.

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.