GFG Capital LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,228 shares of the company's stock, valued at approximately $383,000.
Several other hedge funds have also recently modified their holdings of the stock. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth $323,337,000. Clear Street Derivatives LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth about $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new position in iShares Bitcoin Trust during the third quarter worth about $19,149,000. LMR Partners LLP grew its stake in iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company's stock valued at $22,762,000 after acquiring an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. raised its holdings in iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock valued at $23,082,000 after acquiring an additional 423,100 shares during the last quarter.
iShares Bitcoin Trust Trading Up 1.1 %
IBIT traded up $0.59 during trading on Monday, reaching $55.33. The company's stock had a trading volume of 27,383,704 shares, compared to its average volume of 43,851,234. The firm has a fifty day simple moving average of $56.25 and a two-hundred day simple moving average of $45.51. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year 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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