Advyzon Investment Management LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,678 shares of the company's stock, valued at approximately $938,000.
Other institutional investors have also recently added to or reduced their stakes in the company. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $323,337,000. Clear Street Derivatives LLC acquired a new position in iShares Bitcoin Trust in the third quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of iShares Bitcoin Trust in the third quarter valued at $19,149,000. LMR Partners LLP lifted its position in shares of iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company's stock valued at $22,762,000 after acquiring an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. boosted its stake in shares of iShares Bitcoin Trust by 3,525.8% during the 4th 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 Down 3.7 %
Shares of iShares Bitcoin Trust stock traded down $2.10 on Friday, reaching $53.94. 47,005,607 shares of the company were exchanged, compared to its average volume of 42,627,625. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The stock has a fifty day moving average price of $56.15 and a 200-day moving average price of $45.91.
iShares Bitcoin Trust 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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