Quintet Private Bank Europe S.A. acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $53,000.
Several other large investors have also modified their holdings of IBIT. Proficio Capital Partners LLC boosted its holdings in shares of iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock valued at $246,430,000 after acquiring an additional 4,573,794 shares during the period. Clear Street Derivatives LLC purchased a new stake in shares of iShares Bitcoin Trust during the third quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in shares of iShares Bitcoin Trust during the third quarter worth approximately $19,149,000. LMR Partners LLP raised its stake in shares of iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after purchasing an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. raised its stake in shares of iShares Bitcoin Trust by 3,525.8% during the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after purchasing an additional 423,100 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
iShares Bitcoin Trust stock opened at $48.90 on Tuesday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The business has a 50 day simple moving average of $55.17 and a 200-day simple moving average of $46.93.
iShares Bitcoin Trust Company 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.
Read More
- Five stocks we like better than iShares Bitcoin Trust
- 3 REITs to Buy and Hold for the Long Term
- Bearish Investors Can Seek Refuge in Recession-Resistant ETFs
- 3 Small Caps With Big Return Potential
- 3 Oversold Magnificent Seven Stocks at Key Levels: Buy Now?
- The Risks of Owning Bonds
- 3M to Hit $175 by Mid-Year, and Higher Highs Are Likely
Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
Receive News & Ratings for iShares Bitcoin Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Bitcoin Trust and related companies with MarketBeat.com's FREE daily email newsletter.