Seaview Investment Managers LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,453 shares of the company's stock, valued at approximately $342,000.
Several other institutional investors and hedge funds have also bought and sold shares of IBIT. Proficio Capital Partners LLC lifted its stake in shares of iShares Bitcoin Trust by 6,401.8% in the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock worth $246,430,000 after purchasing an additional 4,573,794 shares during the period. Barclays PLC purchased a new position in shares of iShares Bitcoin Trust during the 4th quarter worth $131,196,000. ExodusPoint Capital Management LP boosted its stake in shares of iShares Bitcoin Trust by 849.9% during the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company's stock worth $75,538,000 after acquiring an additional 1,274,000 shares during the last quarter. Capula Management Ltd grew its position in shares of iShares Bitcoin Trust by 8.7% during the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company's stock valued at $491,714,000 after acquiring an additional 743,930 shares during the period. Finally, LPL Financial LLC increased its stake in shares of iShares Bitcoin Trust by 485.5% in the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company's stock worth $39,925,000 after purchasing an additional 624,036 shares in the last quarter.
iShares Bitcoin Trust Price Performance
NASDAQ IBIT traded down $0.34 on Thursday, hitting $52.86. 19,447,404 shares of the company traded hands, compared to its average volume of 45,991,941. The business's 50 day moving average price is $48.81 and its 200-day moving average price is $50.32. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-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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