iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 859.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 90,593 shares of the company’s stock after purchasing an additional 81,146 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Bitcoin Trust were worth $4,806,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth about $323,337,000. Clear Street Derivatives LLC acquired a new position in shares of iShares Bitcoin Trust in the third quarter worth about $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth approximately $19,149,000. LMR Partners LLP raised its holdings in shares of iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after acquiring an additional 490,000 shares during the period. Finally, Verde Servicos Internacionais S.A. lifted its position in shares of iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after acquiring an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT opened at $55.99 on Friday. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75. The business has a 50-day moving average price of $56.15 and a two-hundred day moving average price of $45.91.

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.