Empower Advisory Group LLC grew its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 32.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,015 shares of the company's stock after acquiring an additional 10,285 shares during the quarter. Empower Advisory Group LLC's holdings in iShares Bitcoin Trust were worth $2,229,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of IBIT. IMC Chicago LLC bought a new stake in iShares Bitcoin Trust during the third quarter worth about $323,337,000. Horizon Kinetics Asset Management LLC lifted its position in iShares Bitcoin Trust by 11.9% during the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company's stock worth $29,114,000 after purchasing an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. lifted its position in iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company's stock worth $23,846,000 after purchasing an additional 370,000 shares during the period. Clear Street Derivatives LLC bought a new stake in iShares Bitcoin Trust during the third quarter worth about $23,686,000. Finally, LMR Partners LLP lifted its position in iShares Bitcoin Trust by 350.0% during 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 period.
iShares Bitcoin Trust Trading Down 3.7 %
IBIT traded down $2.10 on Friday, hitting $53.94. 48,220,002 shares of the stock were exchanged, compared to its average volume of 42,849,086. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The business has a 50-day moving average of $56.15 and a two-hundred day moving average of $45.91.
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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