Two Sigma Investments LP boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 14.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 381,434 shares of the company's stock after buying an additional 49,486 shares during the period. Two Sigma Investments LP's holdings in iShares Bitcoin Trust were worth $20,235,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Vision Financial Markets LLC purchased a new position in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $25,000. City Holding Co. raised its holdings in iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company's stock worth $26,000 after purchasing an additional 238 shares in the last quarter. Stephens Consulting LLC raised its holdings in iShares Bitcoin Trust by 62.8% in the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company's stock worth $26,000 after purchasing an additional 189 shares in the last quarter. Crewe Advisors LLC lifted its position in iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after buying an additional 302 shares during the period. Finally, Beacon Capital Management LLC bought a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at $28,000.
iShares Bitcoin Trust Stock Up 1.4%
NASDAQ:IBIT opened at $61.79 on Thursday. The firm's 50-day moving average price is $51.45 and its 200-day moving average price is $52.91. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $62.53.
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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