EP Wealth Advisors LLC raised its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 118.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 40,260 shares of the company's stock after purchasing an additional 21,868 shares during the quarter. EP Wealth Advisors LLC's holdings in iShares Bitcoin Trust were worth $2,136,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Brevan Howard Capital Management LP acquired a new position in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $1,385,364,000. Symmetry Investments LP raised its holdings in shares of iShares Bitcoin Trust by 3,605.8% during the fourth quarter. Symmetry Investments LP now owns 12,678,808 shares of the company's stock worth $672,611,000 after purchasing an additional 12,336,673 shares during the period. Jericho Capital Asset Management L.P. bought a new position in shares of iShares Bitcoin Trust in the 4th quarter worth about $378,140,000. Proficio Capital Partners LLC boosted its holdings in shares of 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 valued at $246,430,000 after buying an additional 4,573,794 shares during the period. Finally, Tudor Investment Corp ET AL grew its position in shares of iShares Bitcoin Trust by 81.8% during the 4th quarter. Tudor Investment Corp ET AL now owns 8,048,552 shares of the company's stock valued at $426,976,000 after buying an additional 3,620,322 shares during the last quarter.
iShares Bitcoin Trust Trading Down 1.3%
NASDAQ:IBIT traded down $0.78 during mid-day trading on Monday, hitting $57.88. The stock had a trading volume of 43,888,541 shares, compared to its average volume of 45,020,973. The company has a 50 day simple moving average of $49.60 and a 200-day simple moving average of $51.98. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.
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.
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