Elevatus Welath Management acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 99,366 shares of the company's stock, valued at approximately $5,271,000. iShares Bitcoin Trust accounts for about 1.8% of Elevatus Welath Management's holdings, making the stock its 15th biggest holding.
Other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC lifted its holdings in iShares Bitcoin Trust by 6,401.8% during the 4th 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 position in iShares Bitcoin Trust in the fourth quarter worth approximately $131,196,000. ExodusPoint Capital Management LP raised its position 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 valued at $75,538,000 after purchasing an additional 1,274,000 shares in the last quarter. Capula Management Ltd increased its stake in shares of iShares Bitcoin Trust by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock valued at $491,714,000 after buying an additional 743,930 shares during the period. Finally, LPL Financial LLC lifted its stake in iShares Bitcoin Trust by 485.5% in the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company's stock worth $39,925,000 after acquiring an additional 624,036 shares during the period.
iShares Bitcoin Trust Trading Up 2.6 %
Shares of NASDAQ:IBIT traded up $1.33 during trading hours on Wednesday, hitting $53.41. The company's stock had a trading volume of 46,578,125 shares, compared to its average volume of 46,153,719. The firm's fifty day moving average price is $48.85 and its 200 day moving average price is $50.30. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 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.
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