Mutual Advisors LLC boosted its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 65.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 157,060 shares of the company's stock after purchasing an additional 62,338 shares during the period. Mutual Advisors LLC's holdings in iShares Bitcoin Trust were worth $8,967,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of IBIT. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust during the 3rd quarter valued at about $323,337,000. Sculptor Capital LP lifted its position in shares of iShares Bitcoin Trust by 188.1% during the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company's stock valued at $115,831,000 after buying an additional 2,215,107 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of iShares Bitcoin Trust by 1,657.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company's stock valued at $90,014,000 after buying an additional 2,486,608 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in shares of iShares Bitcoin Trust during the 2nd quarter valued at about $56,965,000. Finally, Murchinson Ltd. lifted its position in shares of iShares Bitcoin Trust by 87.1% during the 2nd quarter. Murchinson Ltd. now owns 1,642,535 shares of the company's stock valued at $56,076,000 after buying an additional 764,575 shares in the last quarter.
iShares Bitcoin Trust Stock Up 0.4 %
Shares of IBIT stock traded up $0.22 during trading hours on Thursday, reaching $59.60. 66,345,471 shares of the company traded hands, compared to its average volume of 47,076,648. iShares Bitcoin Trust has a 12-month low of $22.57 and a 12-month high of $61.75. The firm has a 50-day moving average price of $55.44 and a 200 day moving average price of $43.00.
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.
Further Reading
Before you consider iShares Bitcoin Trust ETF, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust ETF wasn't on the list.
While iShares Bitcoin Trust ETF currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
