LRI Investments LLC bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the company's stock, valued at approximately $265,000.
A number of other institutional investors have also recently made changes to their positions in IBIT. Brevan Howard Capital Management LP bought a new stake in iShares Bitcoin Trust during the fourth quarter valued at about $1,385,364,000. Symmetry Investments LP increased its holdings in 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 worth $672,611,000 after acquiring an additional 12,336,673 shares in the last quarter. D. E. Shaw & Co. Inc. raised its stake in iShares Bitcoin Trust 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 acquiring an additional 7,494,123 shares during the period. Capula Management Ltd increased its stake in shares of iShares Bitcoin Trust by 8.7% in the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after purchasing an additional 743,930 shares in the last quarter. Finally, Tudor Investment Corp ET AL increased its stake in shares of iShares Bitcoin Trust by 81.8% in the fourth quarter. Tudor Investment Corp ET AL now owns 8,048,552 shares of the company's stock worth $426,976,000 after purchasing an additional 3,620,322 shares in the last quarter.
iShares Bitcoin Trust Stock Up 0.9%
Shares of IBIT traded up $0.53 during trading hours on Friday, reaching $59.20. 37,014,984 shares of the stock traded hands, compared to its average volume of 44,674,402. The company's 50-day moving average price is $50.37 and its two-hundred day moving average price is $52.35. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.
About iShares Bitcoin Trust
(
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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