Stelac Advisory Services LLC decreased its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor 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.
Other institutional investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC grew its stake 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 period. Clear Street Derivatives LLC purchased a new position in iShares Bitcoin Trust in the 3rd quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in iShares Bitcoin Trust in the 3rd quarter worth approximately $19,149,000. LMR Partners LLP lifted its holdings in iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company's stock worth $22,762,000 after purchasing an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. lifted its holdings 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 purchasing an additional 423,100 shares in the last quarter.
iShares Bitcoin Trust Stock Up 5.8 %
NASDAQ IBIT traded up $2.62 during trading hours on Friday, reaching $48.14. The company's stock had a trading volume of 43,542,418 shares, compared to its average volume of 48,252,988. The firm's 50-day moving average price is $54.02 and its 200-day moving average price is $47.68. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.
iShares Bitcoin Trust Company Profile
(
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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