M Holdings Securities Inc. trimmed its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 93.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 925 shares of the company's stock after selling 13,677 shares during the quarter. M Holdings Securities Inc.'s holdings in iShares Bitcoin Trust were worth $49,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted 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 acquiring an additional 4,573,794 shares during the period. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust in the third quarter worth $23,686,000. Verde Servicos Internacionais S.A. boosted its stake in iShares Bitcoin Trust by 3,525.8% during the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock valued at $23,082,000 after buying an additional 423,100 shares during the period. Parallax Volatility Advisers L.P. boosted its stake in 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 period. Finally, NINE MASTS CAPITAL Ltd grew its position in 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 worth $80,541,000 after buying an additional 346,918 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of NASDAQ:IBIT traded up $0.26 on Thursday, hitting $49.44. The company's stock had a trading volume of 32,771,494 shares, compared to its average volume of 45,346,172. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The company has a 50-day simple moving average of $52.88 and a 200 day simple moving average of $48.57.
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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