Parallax Volatility Advisers L.P. raised its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 127.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 660,000 shares of the company's stock after buying an additional 370,000 shares during the period. Parallax Volatility Advisers L.P. owned about 0.10% of iShares Bitcoin Trust worth $23,846,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Garden State Investment Advisory Services LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter valued at approximately $656,000. Capstone Investment Advisors LLC acquired a new stake in iShares Bitcoin Trust during the third quarter worth approximately $11,507,000. Marathon Trading Investment Management LLC grew its position in iShares Bitcoin Trust by 238.4% during the third quarter. Marathon Trading Investment Management LLC now owns 77,600 shares of the company's stock worth $2,804,000 after buying an additional 54,671 shares in the last quarter. Paragon Advisors LLC grew its position in iShares Bitcoin Trust by 54.8% during the third quarter. Paragon Advisors LLC now owns 458,111 shares of the company's stock worth $16,552,000 after buying an additional 162,178 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in iShares Bitcoin Trust by 117.9% during the third quarter. Private Advisor Group LLC now owns 335,820 shares of the company's stock worth $12,133,000 after buying an additional 181,700 shares in the last quarter.
iShares Bitcoin Trust Trading Up 3.6 %
NASDAQ:IBIT traded up $1.96 during trading hours on Wednesday, reaching $56.42. 56,604,020 shares of the company were exchanged, compared to its average volume of 34,058,141. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $56.86. The business has a 50 day moving average of $43.18 and a 200 day moving average of $38.33.
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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