iShares Bitcoin Trust (NASDAQ:IBIT) Stake Lifted by BlackDiamond Wealth Management LLC

BlackDiamond Wealth Management LLC increased its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 374.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,222 shares of the company’s stock after buying an additional 21,479 shares during the quarter. BlackDiamond Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $1,444,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in IBIT. Proficio Capital Partners LLC grew its stake in iShares Bitcoin Trust by 6,401.8% during the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after buying an additional 4,573,794 shares during the last quarter. Clear Street Derivatives LLC acquired a new position in iShares Bitcoin Trust during the 3rd quarter worth $23,686,000. LMR Partners LLP boosted its position in iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after acquiring an additional 490,000 shares during the period. Verde Servicos Internacionais S.A. boosted its position in iShares Bitcoin Trust by 3,525.8% during the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after acquiring an additional 423,100 shares during the period. Finally, Parallax Volatility Advisers L.P. boosted its position in iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after acquiring an additional 370,000 shares during the period.

iShares Bitcoin Trust Trading Down 0.2 %

Shares of IBIT stock opened at $48.06 on Tuesday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The stock has a fifty day moving average of $53.82 and a two-hundred day moving average of $47.88.

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.