Moseley Investment Management Inc. bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 6,112 shares of the company’s stock, valued at approximately $324,000.
Other hedge funds have also recently added to or reduced their stakes in the company. IMC Chicago LLC purchased a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $323,337,000. D. E. Shaw & Co. Inc. lifted its position in shares of iShares Bitcoin Trust by 1,657.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after purchasing an additional 2,486,608 shares during the last quarter. Sculptor Capital LP grew its stake in shares of iShares Bitcoin Trust by 188.1% during the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after purchasing an additional 2,215,107 shares in the last quarter. Aristeia Capital L.L.C. increased its holdings in iShares Bitcoin Trust by 47.2% in the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after buying an additional 1,903,644 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in iShares Bitcoin Trust in the second quarter valued at $56,965,000.
iShares Bitcoin Trust Stock Up 3.0 %
NASDAQ:IBIT opened at $54.83 on Wednesday. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $61.75. The stock has a 50-day simple moving average of $54.03 and a 200-day simple moving average of $42.03.
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.
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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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