Farringdon Capital Ltd. purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 120,312 shares of the company's stock, valued at approximately $6,383,000. iShares Bitcoin Trust accounts for approximately 2.6% of Farringdon Capital Ltd.'s holdings, making the stock its 3rd biggest holding.
Several other large investors also recently made changes to their positions in the stock. Capula Management Ltd boosted its position in iShares Bitcoin Trust by 8.7% during the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after acquiring an additional 743,930 shares during the last quarter. Proficio Capital Partners LLC boosted its holdings in iShares Bitcoin Trust by 6,401.8% during the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock worth $246,430,000 after purchasing an additional 4,573,794 shares during the last quarter. Barclays PLC bought a new position in iShares Bitcoin Trust in the fourth quarter valued at $131,196,000. NINE MASTS CAPITAL Ltd increased its stake in iShares Bitcoin Trust by 29.6% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock valued at $80,541,000 after buying an additional 346,918 shares during the last quarter. Finally, ExodusPoint Capital Management LP lifted its position in iShares Bitcoin Trust by 849.9% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock worth $75,538,000 after buying an additional 1,274,000 shares in the last quarter.
iShares Bitcoin Trust Trading Up 0.6 %
Shares of iShares Bitcoin Trust stock traded up $0.30 during trading hours on Friday, reaching $48.26. 23,726,023 shares of the company's stock were exchanged, compared to its average volume of 45,494,238. The company has a 50 day moving average of $49.02 and a two-hundred day moving average of $49.97. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
About iShares Bitcoin Trust
(
Free Report)
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.
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