Advisory Services Network LLC lowered its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 39.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 21,523 shares of the company's stock after selling 14,275 shares during the quarter. Advisory Services Network LLC's holdings in iShares Bitcoin Trust were worth $1,142,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of IBIT. Proficio Capital Partners LLC boosted its position 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 valued at $246,430,000 after purchasing an additional 4,573,794 shares during the last quarter. ExodusPoint Capital Management LP boosted its holdings in shares of iShares Bitcoin Trust by 849.9% in the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock valued at $75,538,000 after buying an additional 1,274,000 shares during the last quarter. Capula Management Ltd grew its stake in shares of iShares Bitcoin Trust by 8.7% in the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock valued at $491,714,000 after buying an additional 743,930 shares in the last quarter. LPL Financial LLC raised its position in iShares Bitcoin Trust by 485.5% during the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company's stock worth $39,925,000 after acquiring an additional 624,036 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. raised its position in 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 acquiring an additional 423,100 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of IBIT traded up $0.61 during midday trading on Monday, reaching $48.28. The stock had a trading volume of 32,387,362 shares, compared to its average volume of 46,368,098. The firm has a 50 day simple moving average of $49.70 and a 200-day simple moving average of $49.75. iShares Bitcoin Trust has a one year low of $28.23 and a one year 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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