Jaffetilchin Investment Partners LLC boosted its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 2.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 246,155 shares of the company's stock after purchasing an additional 6,469 shares during the quarter. iShares Bitcoin Trust comprises approximately 0.9% of Jaffetilchin Investment Partners LLC's investment portfolio, making the stock its 24th largest position. Jaffetilchin Investment Partners LLC's holdings in iShares Bitcoin Trust were worth $13,059,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. Proficio Capital Partners LLC grew its position in shares of 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 purchasing an additional 4,573,794 shares in the last quarter. ExodusPoint Capital Management LP increased its stake in shares of iShares Bitcoin Trust by 849.9% in the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock worth $75,538,000 after acquiring an additional 1,274,000 shares during the last quarter. Capula Management Ltd raised its holdings in shares of iShares Bitcoin Trust by 8.7% during the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after acquiring an additional 743,930 shares during the period. LPL Financial LLC boosted its position in shares of iShares Bitcoin Trust by 485.5% during the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company's stock valued at $39,925,000 after acquiring an additional 624,036 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. grew its holdings 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 valued at $23,082,000 after purchasing an additional 423,100 shares during the period.
iShares Bitcoin Trust Price Performance
iShares Bitcoin Trust stock traded up $0.03 during midday trading on Tuesday, hitting $48.31. 16,239,299 shares of the stock were exchanged, compared to its average volume of 45,938,063. The stock's 50-day simple moving average is $49.55 and its 200 day simple moving average is $49.83. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
iShares Bitcoin Trust 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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