Alpine Global Management LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,337 shares of the company's stock, valued at approximately $336,000.
A number of other large investors have also recently added to or reduced their stakes in IBIT. Proficio Capital Partners LLC boosted 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 worth $246,430,000 after buying an additional 4,573,794 shares during the last quarter. Barclays PLC bought a new position in iShares Bitcoin Trust in the fourth quarter valued at approximately $131,196,000. ExodusPoint Capital Management LP increased its position in shares of iShares Bitcoin Trust by 849.9% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock worth $75,538,000 after purchasing an additional 1,274,000 shares during the last quarter. 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 worth $491,714,000 after buying an additional 743,930 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of iShares Bitcoin Trust by 485.5% in the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company's stock valued at $39,925,000 after purchasing an additional 624,036 shares during the period.
iShares Bitcoin Trust Stock Up 1.9 %
IBIT traded up $1.01 during trading hours on Friday, reaching $54.27. The company's stock had a trading volume of 48,008,306 shares, compared to its average volume of 46,148,855. The company's 50-day moving average is $48.79 and its 200-day moving average is $50.57. 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.
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