BigSur Wealth Management LLC decreased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 50.8% during the fourth quarter, HoldingsChannel reports. The firm owned 48,035 shares of the company’s stock after selling 49,512 shares during the period. BigSur Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $2,548,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of IBIT. IMC Chicago LLC bought a new stake in iShares Bitcoin Trust during the third quarter valued at about $323,337,000. Aristeia Capital L.L.C. boosted its holdings 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 buying an additional 1,903,644 shares in the last quarter. Sculptor Capital LP grew 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 buying an additional 2,215,107 shares during the last quarter. D. E. Shaw & Co. Inc. raised its stake in shares of 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 acquiring an additional 2,486,608 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in iShares Bitcoin Trust during the second quarter valued at approximately $56,965,000.
iShares Bitcoin Trust Stock Up 4.4 %
NASDAQ IBIT opened at $59.62 on Monday. The firm’s fifty day simple moving average is $54.88 and its two-hundred day simple moving average is $42.51. iShares Bitcoin Trust has a 12-month low of $22.02 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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT – Free Report).
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