Alpine Global Management LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 6,337 shares of the company's stock, valued at approximately $336,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC raised its stake in iShares Bitcoin Trust by 6,401.8% in the 4th 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. Barclays PLC acquired a new position in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $131,196,000. ExodusPoint Capital Management LP raised its position in shares of iShares Bitcoin Trust by 849.9% in the fourth 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 lifted its stake in shares of iShares Bitcoin Trust by 8.7% during 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 during the period. Finally, LPL Financial LLC boosted 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 during the last quarter.
iShares Bitcoin Trust Stock Up 2.2 %
NASDAQ:IBIT traded up $1.16 during mid-day trading on Wednesday, reaching $53.24. The company's stock had a trading volume of 60,700,653 shares, compared to its average volume of 46,353,492. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The company's fifty day simple moving average is $48.81 and its two-hundred day simple moving average is $50.32.
iShares Bitcoin Trust Company Profile
(
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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