Renaissance Technologies LLC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 83,500 shares of the company's stock, valued at approximately $4,430,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Proficio Capital Partners LLC boosted its holdings in shares of iShares Bitcoin Trust by 6,401.8% during the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock valued at $246,430,000 after purchasing an additional 4,573,794 shares during the last quarter. ExodusPoint Capital Management LP boosted its stake in iShares Bitcoin Trust by 849.9% during the fourth quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock valued at $75,538,000 after buying an additional 1,274,000 shares during the last quarter. LPL Financial LLC grew its holdings in iShares Bitcoin Trust by 485.5% during the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company's stock valued at $39,925,000 after buying an additional 624,036 shares in the last quarter. Verde Servicos Internacionais S.A. increased its stake in iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock worth $23,082,000 after acquiring an additional 423,100 shares during the last quarter. Finally, Aristides Capital LLC raised its holdings in shares of iShares Bitcoin Trust by 399.9% during the 4th quarter. Aristides Capital LLC now owns 514,498 shares of the company's stock worth $27,294,000 after acquiring an additional 411,578 shares in the last quarter.
iShares Bitcoin Trust Trading Up 2.2 %
Shares of IBIT stock traded up $1.16 on Wednesday, reaching $53.24. The company's stock had a trading volume of 60,700,653 shares, compared to its average volume of 46,353,492. The stock's fifty day simple moving average is $48.85 and its 200-day simple moving average is $50.30. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year 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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