WP Advisors LLC acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 12,003 shares of the company’s stock, valued at approximately $637,000.
A number of other institutional investors have also added to or reduced their stakes in the stock. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust during the 3rd quarter valued at approximately $323,337,000. Horizon Kinetics Asset Management LLC grew its holdings in iShares Bitcoin Trust by 11.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after buying an additional 85,763 shares in the last quarter. Parallax Volatility Advisers L.P. grew its holdings in iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after buying an additional 370,000 shares in the last quarter. Clear Street Derivatives LLC purchased a new stake in iShares Bitcoin Trust during the 3rd quarter valued at approximately $23,686,000. Finally, LMR Partners LLP grew its holdings in iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after buying an additional 490,000 shares in the last quarter.
iShares Bitcoin Trust Price Performance
IBIT stock opened at $55.99 on Friday. The firm has a fifty day moving average price of $56.15 and a 200 day moving average price of $45.91. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75.
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.
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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:IBIT – Free Report).
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