Investment Management Corp VA ADV purchased 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 (SEC). The firm purchased 5,447 shares of the company's stock, valued at approximately $289,000.
Several other large investors also recently added to or reduced their stakes in the business. Millennium Management LLC boosted its stake in iShares Bitcoin Trust by 27.0% during the fourth 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 during the period. Brevan Howard Capital Management LP bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at $1,385,364,000. Symmetry Investments LP boosted its stake in 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 valued at $672,611,000 after buying an additional 12,336,673 shares during the period. D. E. Shaw & Co. Inc. boosted its stake in 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 buying an additional 7,494,123 shares during the period. Finally, Capula Management Ltd boosted its stake 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 valued at $491,714,000 after buying an additional 743,930 shares during the period.
iShares Bitcoin Trust Price Performance
NASDAQ:IBIT opened at $63.23 on Friday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $63.70. The stock has a fifty day moving average of $51.75 and a 200 day moving average of $53.08.
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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