Alpine Global Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,337 shares of the company's stock, valued at approximately $336,000.
Several other hedge funds also recently added to or reduced their stakes in the business. Millennium Management LLC lifted its stake in iShares Bitcoin Trust ETF by 27.0% in the 4th quarter. Millennium Management LLC now owns 29,850,198 shares of the company's stock valued at $1,583,553,000 after buying an additional 6,352,197 shares in the last quarter. Brevan Howard Capital Management LP acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at $1,385,364,000. Symmetry Investments LP grew its stake in iShares Bitcoin Trust ETF by 3,605.8% during the 4th 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 in the last quarter. D. E. Shaw & Co. Inc. grew its stake in iShares Bitcoin Trust ETF by 344.8% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company's stock worth $512,857,000 after purchasing an additional 7,494,123 shares in the last quarter. Finally, Capula Management Ltd boosted its position in shares of iShares Bitcoin Trust ETF by 8.7% during the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after acquiring an additional 743,930 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Up 1.1%
IBIT traded up $0.67 on Tuesday, hitting $62.50. 48,863,510 shares of the company traded hands, compared to its average volume of 45,765,094. The company has a 50 day moving average of $52.32 and a 200-day moving average of $53.49. iShares Bitcoin Trust ETF has a 12-month low of $28.23 and a 12-month high of $63.70.
iShares Bitcoin Trust ETF 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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