Independent Advisor Alliance lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 2,052.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 136,542 shares of the company's stock after purchasing an additional 130,199 shares during the period. Independent Advisor Alliance's holdings in iShares Bitcoin Trust were worth $7,244,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of the company. Proficio Capital Partners LLC lifted its position in iShares Bitcoin Trust by 6,401.8% in 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 during the last quarter. NINE MASTS CAPITAL Ltd raised its holdings in shares of iShares Bitcoin Trust by 29.6% in 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. Horizon Kinetics Asset Management LLC raised its holdings in shares of iShares Bitcoin Trust by 11.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company's stock valued at $29,114,000 after buying an additional 85,763 shares during the last quarter. Parallax Volatility Advisers L.P. increased its stake 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 worth $23,846,000 after acquiring an additional 370,000 shares during the period. Finally, Clear Street Derivatives LLC acquired a new position in shares of iShares Bitcoin Trust during the third quarter worth about $23,686,000.
iShares Bitcoin Trust Trading Down 3.5 %
Shares of iShares Bitcoin Trust stock traded down $1.63 on Thursday, reaching $45.52. 41,538,485 shares of the stock were exchanged, compared to its average volume of 48,323,480. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business has a fifty day moving average price of $54.18 and a two-hundred day moving average price of $47.51.
iShares Bitcoin Trust Profile
(
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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