Thompson Davis & CO. Inc. purchased a new position in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund purchased 10,323 shares of the company’s stock, valued at approximately $548,000.
A number of other hedge funds also recently modified their holdings of the stock. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $323,337,000. Horizon Kinetics Asset Management LLC grew its stake in iShares Bitcoin Trust by 11.9% in 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 stake in iShares Bitcoin Trust by 127.6% in 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 position in iShares Bitcoin Trust in the 3rd quarter valued at approximately $23,686,000. Finally, LMR Partners LLP grew its stake in iShares Bitcoin Trust by 350.0% in 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 Trading Down 3.7 %
iShares Bitcoin Trust stock opened at $53.94 on Friday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The firm has a 50 day simple moving average of $56.15 and a 200 day simple moving average of $45.91.
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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