Rinkey Investments lifted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 41.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,408 shares of the company's stock after buying an additional 5,396 shares during the quarter. Rinkey Investments' holdings in iShares Bitcoin Trust were worth $977,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Symmetry Investments LP raised its position 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 buying an additional 12,336,673 shares during the last quarter. Capula Management Ltd boosted its stake in shares of iShares Bitcoin Trust by 8.7% in the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock worth $491,714,000 after buying an additional 743,930 shares during the last quarter. Proficio Capital Partners LLC grew its holdings in shares of iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock worth $246,430,000 after acquiring an additional 4,573,794 shares during the period. Barclays PLC purchased a new stake in iShares Bitcoin Trust during the fourth quarter valued at $131,196,000. Finally, Pine Ridge Advisers LLC lifted its holdings in iShares Bitcoin Trust by 7.4% in the fourth quarter. Pine Ridge Advisers LLC now owns 2,208,075 shares of the company's stock valued at $117,138,000 after acquiring an additional 152,890 shares during the period.
iShares Bitcoin Trust Trading Down 1.3 %
Shares of iShares Bitcoin Trust stock traded down $0.71 during trading hours on Wednesday, reaching $53.51. 33,780,144 shares of the stock traded hands, compared to its average volume of 45,665,035. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The company has a 50 day moving average price of $48.74 and a 200 day moving average price of $50.95.
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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