Belpointe Asset Management LLC Sells 1,279 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Belpointe Asset Management LLC cut its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,999 shares of the company’s stock after selling 1,279 shares during the quarter. Belpointe Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $2,228,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Capula Management Ltd grew its position in iShares Bitcoin Trust by 8.7% during the fourth 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 last quarter. Proficio Capital Partners LLC boosted 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 valued at $246,430,000 after purchasing an additional 4,573,794 shares in the last quarter. Barclays PLC bought a new position in shares of iShares Bitcoin Trust during the 4th quarter valued at $131,196,000. NINE MASTS CAPITAL Ltd raised its position in iShares Bitcoin Trust by 29.6% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock worth $80,541,000 after purchasing an additional 346,918 shares during the period. Finally, ExodusPoint Capital Management LP lifted its stake in iShares Bitcoin Trust by 849.9% in the fourth quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company’s stock worth $75,538,000 after purchasing an additional 1,274,000 shares during the last quarter.

iShares Bitcoin Trust Stock Performance

NASDAQ IBIT opened at $48.28 on Tuesday. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month high of $61.75. The company has a 50-day simple moving average of $49.55 and a two-hundred day simple moving average of $49.83.

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.