Harbor Investment Advisory LLC Boosts Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Harbor Investment Advisory LLC boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 3.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 19,412 shares of the company’s stock after buying an additional 600 shares during the period. Harbor Investment Advisory LLC’s holdings in iShares Bitcoin Trust were worth $701,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Mirador Capital Partners LP raised its holdings in iShares Bitcoin Trust by 4.0% in the third quarter. Mirador Capital Partners LP now owns 10,057 shares of the company’s stock valued at $363,000 after buying an additional 384 shares during the period. MRA Advisory Group raised its holdings in iShares Bitcoin Trust by 30.3% in the third quarter. MRA Advisory Group now owns 74,008 shares of the company’s stock valued at $2,674,000 after buying an additional 17,221 shares during the period. Duncan Williams Asset Management LLC purchased a new position in iShares Bitcoin Trust in the third quarter valued at approximately $383,000. Park Avenue Securities LLC purchased a new position in iShares Bitcoin Trust in the third quarter valued at approximately $919,000. Finally, Unique Wealth LLC raised its holdings in iShares Bitcoin Trust by 18.4% in the third quarter. Unique Wealth LLC now owns 14,573 shares of the company’s stock valued at $527,000 after buying an additional 2,263 shares during the period.

iShares Bitcoin Trust Stock Up 2.3 %

Shares of NASDAQ:IBIT opened at $35.52 on Friday. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $41.99. The company has a 50 day moving average of $34.40 and a two-hundred day moving average of $36.15.

About iShares Bitcoin Trust

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.