Stelac Advisory Services LLC reduced its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 10.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,147 shares of the company's stock after selling 5,345 shares during the quarter. Stelac Advisory Services LLC's holdings in iShares Bitcoin Trust were worth $2,352,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of IBIT. Proficio Capital Partners LLC lifted its position in iShares Bitcoin Trust by 6,401.8% during the fourth 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. NINE MASTS CAPITAL Ltd lifted its position 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 valued at $80,541,000 after purchasing an additional 346,918 shares during the last quarter. Horizon Kinetics Asset Management LLC lifted its position in iShares Bitcoin Trust by 11.9% during the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company's stock valued at $29,114,000 after purchasing an additional 85,763 shares during the last quarter. Parallax Volatility Advisers L.P. lifted its position in iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company's stock valued at $23,846,000 after purchasing an additional 370,000 shares during the last quarter. Finally, Clear Street Derivatives LLC bought a new stake in iShares Bitcoin Trust during the third quarter valued at approximately $23,686,000.
iShares Bitcoin Trust Trading Up 5.8 %
iShares Bitcoin Trust stock traded up $2.62 during mid-day trading on Friday, hitting $48.14. 43,542,418 shares of the company traded hands, compared to its average volume of 48,252,988. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The stock has a fifty day moving average price of $54.02 and a 200-day moving average price of $47.78.
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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