Delta Investment Management LLC grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 216.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,313 shares of the company's stock after acquiring an additional 14,574 shares during the period. Delta Investment Management LLC's holdings in iShares Bitcoin Trust were worth $1,131,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of IBIT. Brevan Howard Capital Management LP bought a new position in shares of iShares Bitcoin Trust during the 4th quarter worth $1,385,364,000. Symmetry Investments LP raised its holdings in shares of iShares Bitcoin Trust by 3,605.8% in the 4th quarter. Symmetry Investments LP now owns 12,678,808 shares of the company's stock valued at $672,611,000 after purchasing an additional 12,336,673 shares in the last quarter. Mubadala Investment Co PJSC purchased a new stake in shares of iShares Bitcoin Trust in the 4th quarter worth approximately $436,895,000. D. E. Shaw & Co. Inc. boosted its stake in shares of iShares Bitcoin Trust by 344.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company's stock valued at $512,857,000 after purchasing an additional 7,494,123 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. purchased a new position in iShares Bitcoin Trust during the fourth quarter valued at approximately $378,140,000.
iShares Bitcoin Trust Price Performance
Shares of NASDAQ:IBIT opened at $59.99 on Tuesday. The firm has a 50 day moving average of $50.87 and a 200 day moving average of $52.79. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75.
iShares Bitcoin Trust Company 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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT - Free Report).
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