Compagnie Lombard Odier SCmA grew its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 18.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 49,430 shares of the company's stock after buying an additional 7,850 shares during the period. Compagnie Lombard Odier SCmA's holdings in iShares Bitcoin Trust were worth $2,635,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently made changes to their positions in IBIT. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust during the third quarter valued at approximately $323,337,000. Clear Street Derivatives LLC purchased a new stake in iShares Bitcoin Trust during the 3rd quarter valued at $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth $19,149,000. LMR Partners LLP raised its stake in shares of iShares Bitcoin Trust by 350.0% in the third quarter. LMR Partners LLP now owns 630,000 shares of the company's stock worth $22,762,000 after purchasing an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. boosted 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 valued at $23,082,000 after buying an additional 423,100 shares during the last quarter.
iShares Bitcoin Trust Price Performance
IBIT traded up $0.59 during midday trading on Monday, hitting $55.33. 27,383,704 shares of the company traded hands, compared to its average volume of 43,851,234. The company's 50-day moving average is $56.25 and its 200 day moving average is $45.51. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.
iShares Bitcoin Trust Company 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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