Silicon Valley Capital Partners lifted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 1,435.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,606 shares of the company’s stock after buying an additional 4,306 shares during the period. Silicon Valley Capital Partners’ holdings in iShares Bitcoin Trust were worth $244,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in IBIT. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth about $323,337,000. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth about $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth about $19,149,000. 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 purchasing an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. grew its holdings in iShares Bitcoin Trust by 3,525.8% during the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after purchasing an additional 423,100 shares during the last quarter.
iShares Bitcoin Trust Trading Down 1.2 %
Shares of NASDAQ:IBIT opened at $54.47 on Monday. iShares Bitcoin Trust has a 12 month low of $25.64 and a 12 month high of $61.75. The firm’s 50-day moving average is $56.35 and its 200 day moving average is $44.86.
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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