Rossby Financial LCC Invests $355,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Rossby Financial LCC purchased a new position in iShares Bitcoin Trust (NASDAQ:IBITFree Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,700 shares of the company’s stock, valued at approximately $355,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IBIT. Chiron Investment Management LLC boosted its holdings in shares of iShares Bitcoin Trust by 379.1% during the fourth quarter. Chiron Investment Management LLC now owns 50,397 shares of the company’s stock valued at $2,674,000 after acquiring an additional 39,877 shares during the period. Defined Financial Planning LLC acquired a new position in iShares Bitcoin Trust during the 4th quarter valued at about $313,000. XTX Topco Ltd grew its position in iShares Bitcoin Trust by 46.5% in the 4th quarter. XTX Topco Ltd now owns 12,274 shares of the company’s stock worth $651,000 after purchasing an additional 3,896 shares during the last quarter. CreativeOne Wealth LLC increased its stake in shares of iShares Bitcoin Trust by 115.8% in the fourth quarter. CreativeOne Wealth LLC now owns 40,912 shares of the company’s stock valued at $2,170,000 after purchasing an additional 21,955 shares during the period. Finally, Mariner LLC increased its stake in shares of iShares Bitcoin Trust by 178.4% in the fourth quarter. Mariner LLC now owns 444,974 shares of the company’s stock valued at $23,606,000 after purchasing an additional 285,162 shares during the period.

iShares Bitcoin Trust Trading Up 1.3 %

Shares of 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 stock has a 50 day simple moving average of $49.55 and a 200-day simple moving average of $49.83.

iShares Bitcoin Trust Company Profile

(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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBITFree Report).

Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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