Edmond DE Rothschild Holding S.A. Boosts Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

Edmond DE Rothschild Holding S.A. raised its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 7.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 118,440 shares of the company’s stock after buying an additional 8,210 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in iShares Bitcoin Trust were worth $6,283,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC increased its position in iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after purchasing an additional 4,573,794 shares during the last quarter. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth about $23,686,000. LPL Financial LLC raised its position in shares of iShares Bitcoin Trust by 485.5% during the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock valued at $39,925,000 after buying an additional 624,036 shares in the last quarter. Verde Servicos Internacionais S.A. lifted its holdings in shares of 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 valued at $23,082,000 after acquiring an additional 423,100 shares during the last quarter. Finally, Parallax Volatility Advisers L.P. lifted its holdings in shares of iShares Bitcoin Trust by 127.6% in the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after acquiring an additional 370,000 shares during the last quarter.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT opened at $46.81 on Tuesday. iShares Bitcoin Trust has a 1-year low of $28.23 and a 1-year high of $61.75. The business’s 50 day moving average is $52.38 and its two-hundred day moving average is $48.99.

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.