Compass Capital Corp MA ADV bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 40,231 shares of the company's stock, valued at approximately $2,184,000.
Other hedge funds also recently bought and sold shares of the company. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust in the third quarter worth about $323,337,000. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $19,149,000. LMR Partners LLP boosted 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 valued at $22,762,000 after purchasing an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. grew its stake in iShares Bitcoin Trust by 3,525.8% in the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock worth $23,082,000 after purchasing an additional 423,100 shares during the period.
iShares Bitcoin Trust Price Performance
IBIT traded down $2.10 during trading on Friday, reaching $53.94. The stock had a trading volume of 48,220,002 shares, compared to its average volume of 42,849,086. The stock's 50 day moving average is $56.15 and its two-hundred day moving average is $45.91. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.
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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