Schonfeld Strategic Advisors LLC increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 23.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,636,457 shares of the company's stock after buying an additional 1,244,523 shares during the period. iShares Bitcoin Trust accounts for approximately 2.0% of Schonfeld Strategic Advisors LLC's portfolio, making the stock its 4th largest holding. Schonfeld Strategic Advisors LLC owned approximately 1.03% of iShares Bitcoin Trust worth $352,064,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of IBIT. Lido Advisors LLC lifted its holdings in shares of iShares Bitcoin Trust by 920.2% during the fourth quarter. Lido Advisors LLC now owns 91,388 shares of the company's stock valued at $4,848,000 after purchasing an additional 82,430 shares in the last quarter. Capstone Financial Advisors Inc. bought a new stake in shares of iShares Bitcoin Trust in the 4th quarter valued at approximately $350,000. Northern Trust Corp bought a new position in iShares Bitcoin Trust during the 4th quarter valued at about $2,318,000. Beacon Pointe Advisors LLC lifted its position in shares of iShares Bitcoin Trust by 26.1% during the fourth quarter. Beacon Pointe Advisors LLC now owns 35,121 shares of the company's stock worth $1,863,000 after purchasing an additional 7,278 shares during the last quarter. Finally, Tudor Investment Corp ET AL increased its stake in shares of iShares Bitcoin Trust by 81.8% during the fourth quarter. Tudor Investment Corp ET AL now owns 8,048,552 shares of the company's stock valued at $426,976,000 after buying an additional 3,620,322 shares during the period.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT traded up $0.24 during trading on Friday, hitting $55.19. The company's stock had a trading volume of 43,282,599 shares, compared to its average volume of 45,728,766. The business's 50 day simple moving average is $48.76 and its 200-day simple moving average is $51.08. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
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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