Copperwynd Financial LLC Takes $206,000 Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Copperwynd Financial LLC acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBITFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,884 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds have also modified their holdings of the stock. Proficio Capital Partners LLC raised its stake in shares of 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 valued at $246,430,000 after acquiring an additional 4,573,794 shares in the last quarter. NINE MASTS CAPITAL Ltd raised its stake in shares of iShares Bitcoin Trust by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock valued at $80,541,000 after acquiring an additional 346,918 shares in the last quarter. Horizon Kinetics Asset Management LLC raised its stake 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 acquiring an additional 85,763 shares in the last quarter. Parallax Volatility Advisers L.P. raised its stake 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 acquiring an additional 370,000 shares in the last quarter. Finally, Clear Street Derivatives LLC acquired a new stake in shares of iShares Bitcoin Trust in the third quarter valued at $23,686,000.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $48.14 on Friday. The business’s fifty day moving average price is $54.02 and its 200 day moving average price is $47.60. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.

iShares Bitcoin Trust Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Bitcoin Trust (NASDAQ:IBIT)

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