Commerce Bank boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 22.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,414 shares of the company's stock after buying an additional 8,246 shares during the period. Commerce Bank's holdings in iShares Bitcoin Trust were worth $2,409,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Capula Management Ltd raised its holdings in iShares Bitcoin Trust by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after acquiring an additional 743,930 shares in the last quarter. Proficio Capital Partners LLC raised its position in shares of iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock valued at $246,430,000 after buying an additional 4,573,794 shares in the last quarter. Barclays PLC bought a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at approximately $131,196,000. NINE MASTS CAPITAL Ltd grew its position in iShares Bitcoin Trust by 29.6% during the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock worth $80,541,000 after buying an additional 346,918 shares in the last quarter. Finally, ExodusPoint Capital Management LP increased its stake in iShares Bitcoin Trust by 849.9% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock worth $75,538,000 after acquiring an additional 1,274,000 shares during the period.
iShares Bitcoin Trust Price Performance
Shares of NASDAQ:IBIT traded up $1.16 during midday trading on Wednesday, hitting $53.24. The stock had a trading volume of 60,700,653 shares, compared to its average volume of 46,353,492. The company's 50-day moving average price is $48.85 and its 200-day moving average price is $50.30. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
iShares Bitcoin Trust 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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