iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Octavia Wealth Advisors LLC

Octavia Wealth Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 14.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 10,164 shares of the company’s stock after buying an additional 1,301 shares during the period. Octavia Wealth Advisors LLC’s holdings in iShares Bitcoin Trust were worth $539,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vienna Asset Management LLC raised its position in shares of iShares Bitcoin Trust by 131.6% during the 3rd quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after acquiring an additional 15,137 shares in the last quarter. Garden State Investment Advisory Services LLC acquired a new position in iShares Bitcoin Trust during the third quarter worth approximately $656,000. B. Riley Wealth Advisors Inc. lifted 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 buying an additional 9,266 shares during the last quarter. Capstone Investment Advisors LLC purchased a new stake in iShares Bitcoin Trust in the third quarter valued at approximately $11,507,000. Finally, Marathon Trading Investment Management LLC lifted its stake in iShares Bitcoin Trust by 238.4% in the third quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company’s stock valued at $2,804,000 after buying an additional 54,671 shares during the last quarter.

iShares Bitcoin Trust Trading Up 1.3 %

Shares of NASDAQ IBIT opened at $60.42 on Wednesday. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $61.75. The stock has a 50 day moving average of $55.08 and a two-hundred day moving average of $42.69.

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.