X Square Capital LLC lifted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 19.6% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 267,240 shares of the company's stock after acquiring an additional 43,844 shares during the period. iShares Bitcoin Trust makes up approximately 5.8% of X Square Capital LLC's investment portfolio, making the stock its largest position. X Square Capital LLC's holdings in iShares Bitcoin Trust were worth $14,177,000 at the end of the most recent quarter.
A number of other hedge funds have also bought and sold shares of the business. Great Valley Advisor Group Inc. acquired a new position in iShares Bitcoin Trust in the 3rd quarter valued at $206,000. Cerity Partners LLC lifted its position in iShares Bitcoin Trust by 51.9% during the third quarter. Cerity Partners LLC now owns 188,505 shares of the company's stock worth $6,811,000 after purchasing an additional 64,396 shares during the period. Brown Brothers Harriman & Co. lifted its holdings in shares of iShares Bitcoin Trust by 55.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,985 shares of the company's stock worth $72,000 after acquiring an additional 712 shares during the period. Townsquare Capital LLC boosted its stake in iShares Bitcoin Trust by 20.7% in the third quarter. Townsquare Capital LLC now owns 36,627 shares of the company's stock valued at $1,323,000 after buying an additional 6,279 shares in the last quarter. Finally, CreativeOne Wealth LLC increased its holdings in iShares Bitcoin Trust by 97.9% in the 3rd quarter. CreativeOne Wealth LLC now owns 18,957 shares of the company's stock worth $685,000 after purchasing an additional 9,376 shares in the last quarter.
iShares Bitcoin Trust Stock Performance
Shares of iShares Bitcoin Trust stock traded down $0.07 during trading on Monday, hitting $47.49. The company's stock had a trading volume of 12,721,633 shares, compared to its average volume of 44,671,402. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The stock has a 50-day moving average price of $52.64 and a two-hundred day moving average price of $48.90.
iShares Bitcoin Trust Profile
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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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