O Neil Global Advisors Inc. boosted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 122.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,300 shares of the company's stock after buying an additional 18,900 shares during the period. iShares Bitcoin Trust makes up approximately 0.5% of O Neil Global Advisors Inc.'s investment portfolio, making the stock its 17th largest position. O Neil Global Advisors Inc.'s holdings in iShares Bitcoin Trust were worth $1,820,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the company. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust during the 3rd quarter worth approximately $323,337,000. Clear Street Derivatives LLC acquired a new position in iShares Bitcoin Trust during the third quarter valued at approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new position in iShares Bitcoin Trust during the third quarter valued at approximately $19,149,000. LMR Partners LLP lifted its stake 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 last quarter. Finally, Verde Servicos Internacionais S.A. boosted its holdings in shares of 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 purchasing an additional 423,100 shares in the last quarter.
iShares Bitcoin Trust Trading Down 3.7 %
Shares of IBIT traded down $2.10 during midday trading on Friday, hitting $53.94. The company's stock had a trading volume of 48,220,002 shares, compared to its average volume of 42,849,086. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The company's fifty day simple moving average is $56.15 and its two-hundred day simple moving average is $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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