Kaleidoscope Capital LP bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 195,249 shares of the company's stock, valued at approximately $10,358,000. iShares Bitcoin Trust comprises approximately 10.2% of Kaleidoscope Capital LP's holdings, making the stock its 3rd biggest holding.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vision Financial Markets LLC acquired a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $25,000. Union Savings Bank bought a new position in iShares Bitcoin Trust during the fourth quarter worth about $25,000. City Holding Co. raised its stake in iShares Bitcoin Trust by 95.2% in the 4th quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC boosted its holdings in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the period. Finally, Crewe Advisors LLC grew its position in shares of iShares Bitcoin Trust by 151.0% during the 4th quarter. Crewe Advisors LLC now owns 502 shares of the company's stock worth $27,000 after purchasing an additional 302 shares in the last quarter.
iShares Bitcoin Trust Stock Up 0.6 %
Shares of NASDAQ IBIT traded up $0.30 during midday trading on Friday, reaching $48.26. The company's stock had a trading volume of 23,726,023 shares, compared to its average volume of 45,494,238. The business's 50 day moving average price is $49.02 and its two-hundred day moving average price is $50.08. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
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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