Envestnet Portfolio Solutions Inc. acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,242 shares of the company's stock, valued at approximately $490,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Proficio Capital Partners LLC increased its holdings in shares of iShares Bitcoin Trust by 6,401.8% during the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock valued at $246,430,000 after acquiring an additional 4,573,794 shares in the last quarter. Clear Street Derivatives LLC purchased a new position in iShares Bitcoin Trust in the third quarter worth about $23,686,000. Verde Servicos Internacionais S.A. lifted its stake in shares of 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 buying an additional 423,100 shares in the last quarter. Parallax Volatility Advisers L.P. grew its holdings in shares of 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 valued at $23,846,000 after buying an additional 370,000 shares during the last quarter. Finally, NINE MASTS CAPITAL Ltd grew its holdings in shares of iShares Bitcoin Trust by 29.6% during the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock valued at $80,541,000 after buying an additional 346,918 shares during the last quarter.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT traded down $1.88 during mid-day trading on Friday, reaching $47.56. The stock had a trading volume of 37,515,018 shares, compared to its average volume of 45,216,676. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The company has a fifty day moving average price of $52.64 and a 200 day moving average price of $48.78.
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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