6,071 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Purchased by Abound Financial LLC

Abound Financial LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,071 shares of the company’s stock, valued at approximately $322,000.

Other large investors have also made changes to their positions in the company. IMC Chicago LLC bought a new position in iShares Bitcoin Trust during the third quarter valued at about $323,337,000. Clear Street Derivatives LLC bought a new position in iShares Bitcoin Trust during the third quarter valued at about $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in iShares Bitcoin Trust during the third quarter valued at about $19,149,000. LMR Partners LLP increased its stake in iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after acquiring an additional 490,000 shares during the period. Finally, Verde Servicos Internacionais S.A. increased its stake in iShares Bitcoin Trust by 3,525.8% during the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after acquiring an additional 423,100 shares during the period.

iShares Bitcoin Trust Stock Performance

Shares of IBIT opened at $53.94 on Friday. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The stock’s 50-day moving average price is $56.07 and its 200 day moving average price is $46.07.

iShares Bitcoin Trust Profile

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.