Ausdal Financial Partners Inc. Acquires New Shares in iShares Bitcoin Trust (NASDAQ:IBIT)

Ausdal Financial Partners Inc. bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 11,535 shares of the company’s stock, valued at approximately $612,000.

Other institutional investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC raised its position in shares of iShares Bitcoin Trust by 6,401.8% in the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after acquiring an additional 4,573,794 shares in the last quarter. NINE MASTS CAPITAL Ltd grew its stake in 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 purchasing an additional 346,918 shares during the last quarter. Horizon Kinetics Asset Management LLC raised its holdings in iShares Bitcoin Trust by 7.3% in the fourth quarter. Horizon Kinetics Asset Management LLC now owns 864,272 shares of the company’s stock worth $45,850,000 after purchasing an additional 58,469 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Bitcoin Trust by 485.5% during the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock valued at $39,925,000 after buying an additional 624,036 shares during the last quarter. Finally, Parallax Volatility Advisers L.P. lifted its position in shares of iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after buying an additional 370,000 shares during the last quarter.

iShares Bitcoin Trust Stock Up 0.5 %

Shares of iShares Bitcoin Trust stock opened at $49.44 on Friday. The firm’s 50 day moving average price is $52.88 and its 200-day moving average price is $48.57. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week 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.