Chesapeake Capital Corp IL Has $774,000 Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Chesapeake Capital Corp IL increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 19.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,581 shares of the company’s stock after acquiring an additional 2,417 shares during the quarter. Chesapeake Capital Corp IL’s holdings in iShares Bitcoin Trust were worth $774,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of IBIT. Proficio Capital Partners LLC increased its holdings in 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 buying an additional 4,573,794 shares during the period. Clear Street Derivatives LLC acquired a new stake in iShares Bitcoin Trust in the third quarter valued at about $23,686,000. Verde Servicos Internacionais S.A. grew its position in iShares Bitcoin Trust by 3,525.8% in 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 last quarter. Parallax Volatility Advisers L.P. raised its stake in iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after acquiring an additional 370,000 shares in the last quarter. Finally, NINE MASTS CAPITAL Ltd lifted its holdings in shares of iShares Bitcoin Trust by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock worth $80,541,000 after acquiring an additional 346,918 shares during the last quarter.

iShares Bitcoin Trust Trading Down 2.6 %

IBIT stock opened at $46.81 on Wednesday. The company has a 50 day simple moving average of $53.66 and a 200 day simple moving average of $47.98. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.

iShares Bitcoin Trust Company 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.