NewEdge Advisors LLC grew its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 198.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 140,151 shares of the company's stock after purchasing an additional 93,145 shares during the period. NewEdge Advisors LLC's holdings in iShares Bitcoin Trust were worth $7,062,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in IBIT. Capula Management Ltd increased its stake in shares of iShares Bitcoin Trust by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock valued at $491,714,000 after acquiring an additional 743,930 shares during the period. Proficio Capital Partners LLC raised its stake in shares of iShares Bitcoin Trust by 6,401.8% in the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock worth $246,430,000 after buying an additional 4,573,794 shares in the last quarter. Barclays PLC bought a new position in iShares Bitcoin Trust during the fourth quarter valued at about $131,196,000. NINE MASTS CAPITAL Ltd grew its holdings 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 acquiring an additional 346,918 shares during the period. Finally, ExodusPoint Capital Management LP raised its position in iShares Bitcoin Trust by 849.9% in the fourth 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 in the last quarter.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT traded up $0.71 on Wednesday, reaching $52.79. The company's stock had a trading volume of 37,572,216 shares, compared to its average volume of 45,990,797. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75. The firm's 50 day moving average is $48.85 and its two-hundred day moving average is $50.30.
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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