Larson Financial Group LLC Boosts Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Larson Financial Group LLC grew its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 58.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,504 shares of the company’s stock after purchasing an additional 10,855 shares during the quarter. Larson Financial Group LLC’s holdings in iShares Bitcoin Trust were worth $1,565,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. Proficio Capital Partners LLC increased its holdings in iShares Bitcoin Trust by 6,401.8% in the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after acquiring an additional 4,573,794 shares in the last quarter. Clear Street Derivatives LLC purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in iShares Bitcoin Trust in the 3rd quarter worth $19,149,000. LMR Partners LLP increased its holdings in iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after acquiring an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. increased its holdings in iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after acquiring an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $49.43 on Friday. The firm has a fifty day moving average of $54.78 and a 200 day moving average of $47.29. iShares Bitcoin Trust has a one year low of $28.23 and a one year 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.