Titan Global Capital Management USA LLC decreased its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 53.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 714,457 shares of the company's stock after selling 828,737 shares during the period. iShares Bitcoin Trust makes up about 5.7% of Titan Global Capital Management USA LLC's portfolio, making the stock its 2nd biggest holding. Titan Global Capital Management USA LLC owned about 0.11% of iShares Bitcoin Trust worth $37,902,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. Capula Management Ltd raised its holdings in shares of iShares Bitcoin Trust by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after purchasing an additional 743,930 shares during the last quarter. Proficio Capital Partners LLC raised 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 buying an additional 4,573,794 shares during the last quarter. NINE MASTS CAPITAL Ltd boosted its stake in shares of iShares Bitcoin Trust by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock worth $80,541,000 after buying an additional 346,918 shares during the last quarter. ExodusPoint Capital Management LP grew its holdings 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 worth $75,538,000 after acquiring an additional 1,274,000 shares during the period. Finally, Horizon Kinetics Asset Management LLC grew its holdings in iShares Bitcoin Trust by 7.3% during the fourth quarter. Horizon Kinetics Asset Management LLC now owns 864,272 shares of the company's stock worth $45,850,000 after acquiring an additional 58,469 shares during the period.
iShares Bitcoin Trust Trading Down 0.2 %
NASDAQ:IBIT traded down $0.10 during trading hours on Tuesday, reaching $48.18. The company had a trading volume of 16,920,454 shares, compared to its average volume of 45,947,836. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business's 50 day moving average price is $49.55 and its 200-day moving average price is $49.83.
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.
Featured Articles
Before you consider iShares Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.
While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
