C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,268 shares of the company's stock, valued at approximately $492,000.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust during the third quarter worth about $323,337,000. Horizon Kinetics Asset Management LLC boosted its holdings in iShares Bitcoin Trust by 11.9% during the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company's stock worth $29,114,000 after buying an additional 85,763 shares in the last quarter. Parallax Volatility Advisers L.P. boosted its holdings in iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company's stock worth $23,846,000 after buying an additional 370,000 shares in the last quarter. Clear Street Derivatives LLC acquired a new position in iShares Bitcoin Trust during the third quarter worth about $23,686,000. Finally, LMR Partners LLP raised its position in 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 acquiring an additional 490,000 shares during the last quarter.
iShares Bitcoin Trust Stock Performance
IBIT traded up $0.59 during midday trading on Monday, reaching $55.33. 27,383,704 shares of the company's stock were exchanged, compared to its average volume of 43,851,234. The business's 50-day moving average price is $56.25 and its 200 day moving average price is $45.51. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75.
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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