Signaturefd LLC Boosts Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Signaturefd LLC raised its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 174.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,765 shares of the company’s stock after buying an additional 7,482 shares during the period. Signaturefd LLC’s holdings in iShares Bitcoin Trust were worth $624,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Parallel Advisors LLC boosted its position in iShares Bitcoin Trust by 76.9% during the fourth quarter. Parallel Advisors LLC now owns 33,867 shares of the company’s stock valued at $1,797,000 after buying an additional 14,717 shares during the period. SouthState Corp boosted its position in iShares Bitcoin Trust by 5.5% during the fourth quarter. SouthState Corp now owns 4,411 shares of the company’s stock valued at $234,000 after buying an additional 230 shares during the period. Addison Capital Co boosted its position in iShares Bitcoin Trust by 77.2% during the fourth quarter. Addison Capital Co now owns 41,493 shares of the company’s stock valued at $2,201,000 after buying an additional 18,076 shares during the period. Basso Capital Management L.P. boosted its position in iShares Bitcoin Trust by 124.3% during the fourth quarter. Basso Capital Management L.P. now owns 31,400 shares of the company’s stock valued at $1,666,000 after buying an additional 17,400 shares during the period. Finally, Eaton Financial Holdings Company LLC purchased a new stake in iShares Bitcoin Trust during the fourth quarter valued at about $3,540,000.

iShares Bitcoin Trust Stock Performance

NASDAQ IBIT opened at $48.61 on Thursday. The company has a 50-day simple moving average of $53.57 and a two-hundred day simple moving average of $47.98. iShares Bitcoin Trust has a 12-month low of $28.23 and a 12-month 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.