Sterling Investment Advisors Ltd. grew its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 161.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,009 shares of the company's stock after buying an additional 21,624 shares during the period. Sterling Investment Advisors Ltd.'s holdings in iShares Bitcoin Trust were worth $1,857,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in IBIT. IMC Chicago LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter valued at approximately $323,337,000. Clear Street Derivatives LLC purchased a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in iShares Bitcoin Trust during the 3rd quarter valued at approximately $19,149,000. LMR Partners LLP increased its position in iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company's stock valued at $22,762,000 after buying an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. raised its stake in iShares Bitcoin Trust by 3,525.8% during the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock valued at $23,082,000 after buying an additional 423,100 shares during the last quarter.
iShares Bitcoin Trust Trading Up 1.2 %
Shares of NASDAQ IBIT traded up $0.55 during trading on Friday, reaching $47.90. The company had a trading volume of 59,402,964 shares, compared to its average volume of 45,855,840. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The business's 50-day moving average is $55.39 and its 200 day moving average is $46.53.
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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