Symmetry Investments LP grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 3,605.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,678,808 shares of the company's stock after acquiring an additional 12,336,673 shares during the period. iShares Bitcoin Trust comprises 35.0% of Symmetry Investments LP's investment portfolio, making the stock its biggest position. Symmetry Investments LP owned approximately 1.96% of iShares Bitcoin Trust worth $672,611,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors also recently modified their holdings of the stock. Proficio Capital Partners LLC lifted its holdings in 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 worth $246,430,000 after purchasing an additional 4,573,794 shares in the last quarter. Barclays PLC bought a new stake in shares of iShares Bitcoin Trust during the fourth quarter valued at about $131,196,000. ExodusPoint Capital Management LP increased its position in shares of 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 period. Capula Management Ltd lifted its holdings in shares of iShares Bitcoin Trust by 8.7% in the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after buying an additional 743,930 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of iShares Bitcoin Trust by 485.5% in the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company's stock valued at $39,925,000 after acquiring an additional 624,036 shares during the period.
iShares Bitcoin Trust Trading Up 1.9 %
Shares of iShares Bitcoin Trust stock traded up $1.01 during trading on Friday, hitting $54.27. The stock had a trading volume of 48,008,306 shares, compared to its average volume of 46,148,855. 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 $48.77 and its 200 day moving average is $50.44.
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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