Heritage Family Offices LLP purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 15,335 shares of the company’s stock, valued at approximately $814,000.
Several other institutional investors and hedge funds also recently made changes to their positions in IBIT. IMC Chicago LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter worth approximately $323,337,000. D. E. Shaw & Co. Inc. raised its holdings in iShares Bitcoin Trust by 1,657.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after purchasing an additional 2,486,608 shares during the last quarter. Sculptor Capital LP lifted its position in shares of iShares Bitcoin Trust by 188.1% in the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after purchasing an additional 2,215,107 shares during the period. Aristeia Capital L.L.C. boosted its stake in shares of iShares Bitcoin Trust by 47.2% in the 2nd quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after purchasing an additional 1,903,644 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in shares of iShares Bitcoin Trust in the 2nd quarter valued at $56,965,000.
iShares Bitcoin Trust Price Performance
Shares of NASDAQ IBIT opened at $56.64 on Thursday. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $61.75. The firm has a fifty day simple moving average of $54.29 and a 200 day simple moving average of $42.14.
iShares Bitcoin Trust 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.
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