SNS Financial Group LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,082 shares of the company's stock, valued at approximately $323,000.
Several other institutional investors also recently made changes to their positions in IBIT. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust during the 3rd quarter worth $323,337,000. Horizon Kinetics Asset Management LLC boosted its position in iShares Bitcoin Trust by 11.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company's stock worth $29,114,000 after purchasing an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. boosted its position in iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company's stock worth $23,846,000 after purchasing an additional 370,000 shares during the period. Clear Street Derivatives LLC purchased a new stake in iShares Bitcoin Trust during the 3rd quarter worth $23,686,000. Finally, LMR Partners LLP boosted its position in iShares Bitcoin Trust by 350.0% during the 3rd 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 period.
iShares Bitcoin Trust Stock Down 3.6 %
iShares Bitcoin Trust stock traded down $2.03 during trading on Friday, reaching $54.01. 39,830,313 shares of the company's stock were exchanged, compared to its average volume of 42,517,035. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The company's 50-day moving average is $56.15 and its two-hundred day moving average is $45.91.
iShares Bitcoin Trust Company Profile
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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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