Two Sigma Securities LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 57,103 shares of the company's stock, valued at approximately $3,029,000. iShares Bitcoin Trust comprises approximately 0.4% of Two Sigma Securities LLC's investment portfolio, making the stock its 18th largest holding.
Other hedge funds have also made changes to their positions in the company. Vision Financial Markets LLC acquired a new position in iShares Bitcoin Trust during the fourth quarter worth about $25,000. Union Savings Bank purchased a new position in iShares Bitcoin Trust during the fourth quarter worth $25,000. City Holding Co. lifted its position in shares of iShares Bitcoin Trust by 95.2% in the fourth quarter. City Holding Co. now owns 488 shares of the company's stock valued at $26,000 after acquiring an additional 238 shares in the last quarter. Stephens Consulting LLC raised its stake in iShares Bitcoin Trust by 62.8% in the 4th quarter. Stephens Consulting LLC now owns 490 shares of the company's stock valued at $26,000 after purchasing an additional 189 shares during the last quarter. Finally, Crewe Advisors LLC lifted its stake in shares of iShares Bitcoin Trust by 151.0% during the fourth quarter. Crewe Advisors LLC now owns 502 shares of the company's stock valued at $27,000 after buying an additional 302 shares during the period.
iShares Bitcoin Trust Trading Up 0.1 %
IBIT traded up $0.07 during trading on Tuesday, hitting $53.95. The company's stock had a trading volume of 17,929,623 shares, compared to its average volume of 45,624,563. The firm's 50 day moving average price is $48.77 and its 200-day moving average price is $50.92. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month 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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