Rothschild Investment LLC grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,282 shares of the company’s stock after acquiring an additional 2,307 shares during the period. Rothschild Investment LLC’s holdings in iShares Bitcoin Trust were worth $2,296,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the stock. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust during the third quarter worth approximately $323,337,000. Horizon Kinetics Asset Management LLC lifted its position in iShares Bitcoin Trust by 11.9% during the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock worth $29,114,000 after acquiring an additional 85,763 shares during the last quarter. Parallax Volatility Advisers L.P. increased its holdings 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 worth $23,846,000 after purchasing an additional 370,000 shares during the period. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter worth approximately $23,686,000. Finally, LMR Partners LLP increased 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 worth $22,762,000 after purchasing an additional 490,000 shares during the period.
iShares Bitcoin Trust Stock Down 3.7 %
Shares of IBIT opened at $53.94 on Monday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The firm’s 50 day moving average is $56.07 and its 200-day moving average is $46.27.
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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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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