Jump Financial LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 208,961 shares of the company's stock, valued at approximately $11,085,000.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. M Holdings Securities Inc. grew its holdings in shares of iShares Bitcoin Trust by 19.4% in the fourth quarter. M Holdings Securities Inc. now owns 17,442 shares of the company's stock worth $925,000 after acquiring an additional 2,840 shares during the period. Rossby Financial LCC bought a new position in iShares Bitcoin Trust in the 4th quarter worth $355,000. Chiron Investment Management LLC lifted its position in iShares Bitcoin Trust by 379.1% during the fourth quarter. Chiron Investment Management LLC now owns 50,397 shares of the company's stock valued at $2,674,000 after purchasing an additional 39,877 shares in the last quarter. Defined Financial Planning LLC bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at about $313,000. Finally, XTX Topco Ltd increased its position in iShares Bitcoin Trust by 46.5% in the fourth quarter. XTX Topco Ltd now owns 12,274 shares of the company's stock worth $651,000 after buying an additional 3,896 shares in the last quarter.
iShares Bitcoin Trust Price Performance
NASDAQ:IBIT traded up $0.30 during trading hours on Friday, hitting $48.26. 23,726,023 shares of the stock traded hands, compared to its average volume of 45,494,238. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The stock has a 50 day moving average price of $49.02 and a 200 day moving average price of $49.97.
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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