Consolidated Portfolio Review Corp Invests $343,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Consolidated Portfolio Review Corp purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,472 shares of the company’s stock, valued at approximately $343,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IBIT. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter valued at $323,337,000. Horizon Kinetics Asset Management LLC grew its holdings in shares of iShares Bitcoin Trust by 11.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after purchasing an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. grew its holdings in shares of iShares Bitcoin Trust by 127.6% in the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after purchasing an additional 370,000 shares during the period. Clear Street Derivatives LLC acquired a new stake in iShares Bitcoin Trust during the third quarter worth about $23,686,000. Finally, LMR Partners LLP raised its stake in iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after purchasing an additional 490,000 shares during the period.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $54.47 on Friday. The firm has a 50 day simple moving average of $56.36 and a 200-day simple moving average of $44.70. iShares Bitcoin Trust has a 1-year low of $25.64 and a 1-year high of $61.75.

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.