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:IBIT) 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

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.