Diametric Capital LP purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 30,799 shares of the company's stock, valued at approximately $1,634,000. iShares Bitcoin Trust comprises about 1.1% of Diametric Capital LP's investment portfolio, making the stock its 15th biggest position.
Several other large investors also recently added to or reduced their stakes in the stock. Stephens Consulting LLC increased its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. AlphaMark Advisors LLC increased its stake in iShares Bitcoin Trust by 8.9% during the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company's stock worth $130,000 after purchasing an additional 200 shares during the period. Pathway Financial Advisers LLC lifted its position in shares of iShares Bitcoin Trust by 52.9% during the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company's stock worth $35,000 after purchasing an additional 230 shares in the last quarter. SouthState Corp increased its stake in iShares Bitcoin Trust by 5.5% during the 4th quarter. SouthState Corp now owns 4,411 shares of the company's stock worth $234,000 after buying an additional 230 shares during the period. Finally, Mosley Wealth Management grew its stake in shares of iShares Bitcoin Trust by 2.5% in the fourth quarter. Mosley Wealth Management now owns 9,341 shares of the company's stock worth $496,000 after acquiring an additional 231 shares in the last quarter.
iShares Bitcoin Trust Trading Up 1.1 %
IBIT traded up $0.51 on Friday, hitting $47.08. 40,116,014 shares of the company were exchanged, compared to its average volume of 44,347,141. The firm has a 50-day moving average price of $51.69 and a two-hundred day moving average price of $49.08. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month 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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