C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 23,031 shares of the company's stock, valued at approximately $1,222,000.
Several other large investors have also modified their holdings of IBIT. IMC Chicago LLC purchased a new position in iShares Bitcoin Trust in the third quarter valued at approximately $323,337,000. Clear Street Derivatives LLC acquired a new stake in shares of iShares Bitcoin Trust during the third quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of iShares Bitcoin Trust during the third quarter worth approximately $19,149,000. LMR Partners LLP grew its position in shares of 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 buying an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. grew its position in shares of 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 buying an additional 423,100 shares in the last quarter.
iShares Bitcoin Trust Stock Down 3.7 %
Shares of IBIT stock traded down $2.10 during mid-day trading on Friday, reaching $53.94. 48,220,002 shares of the company were exchanged, compared to its average volume of 42,849,086. The business's 50 day simple moving average is $56.15 and its 200 day simple moving average is $45.91. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week 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.
See Also

Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.