19,548 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by J. Safra Sarasin Holding AG

J. Safra Sarasin Holding AG bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 19,548 shares of the company’s stock, valued at approximately $1,037,000.

Other institutional investors have also added to or reduced their stakes in the company. Capula Management Ltd increased 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 purchasing an additional 743,930 shares in the last quarter. Proficio Capital Partners LLC increased its position in 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 buying an additional 4,573,794 shares in the last quarter. Barclays PLC bought a new position in shares of iShares Bitcoin Trust in the fourth quarter worth about $131,196,000. NINE MASTS CAPITAL Ltd lifted its position in shares of iShares Bitcoin Trust by 29.6% during the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock valued at $80,541,000 after buying an additional 346,918 shares in the last quarter. Finally, ExodusPoint Capital Management LP grew 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 valued at $75,538,000 after acquiring an additional 1,274,000 shares during the period.

iShares Bitcoin Trust Stock Performance

NASDAQ IBIT opened at $52.08 on Wednesday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The company’s 50 day moving average is $48.85 and its two-hundred day moving average is $50.30.

About iShares Bitcoin Trust

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.