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TME Financial Inc. Buys Shares of 10,300 iShares Bitcoin Trust (NASDAQ:IBIT)

iShares Bitcoin Trust logo with Finance background

TME Financial Inc. bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,300 shares of the company's stock, valued at approximately $546,000.

A number of other large investors have also added to or reduced their stakes in the stock. Capula Management Ltd increased its holdings in iShares Bitcoin Trust by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock valued at $491,714,000 after buying an additional 743,930 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in iShares Bitcoin Trust by 6,401.8% in 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. NINE MASTS CAPITAL Ltd increased its holdings in iShares Bitcoin Trust by 29.6% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock valued at $80,541,000 after acquiring an additional 346,918 shares during the last quarter. ExodusPoint Capital Management LP grew 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 purchasing an additional 1,274,000 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC increased its stake in iShares Bitcoin Trust by 7.3% in the 4th 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 last quarter.

iShares Bitcoin Trust Trading Up 0.6 %

IBIT stock traded up $0.30 during midday trading on Thursday, reaching $48.26. 23,726,023 shares of the company traded hands, compared to its average volume of 45,494,238. The business has a 50 day moving average of $49.28 and a 200-day moving average of $49.80. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

iShares Bitcoin Trust 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.

See Also

Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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