O Dell Group LLC Invests $213,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

O Dell Group LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,022 shares of the company’s stock, valued at approximately $213,000.

Several other large investors have also recently bought and sold shares of the business. Sage Mountain Advisors LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter valued at $307,000. Clare Market Investments LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter valued at $9,247,000. Grant Street Asset Management Inc. increased its holdings in iShares Bitcoin Trust by 11.0% in the fourth quarter. Grant Street Asset Management Inc. now owns 11,656 shares of the company’s stock valued at $618,000 after buying an additional 1,156 shares during the last quarter. Vista Investment Partners II LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter valued at $368,000. Finally, Tortoise Investment Management LLC increased its holdings in iShares Bitcoin Trust by 90.0% in the fourth quarter. Tortoise Investment Management LLC now owns 1,330 shares of the company’s stock valued at $71,000 after buying an additional 630 shares during the last quarter.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $44.91 on Tuesday. The business’s fifty day moving average price is $54.61 and its 200 day moving average price is $47.45. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.

About iShares Bitcoin Trust

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.