Allie Family Office LLC lessened its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 25.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,679 shares of the company’s stock after selling 1,889 shares during the period. Allie Family Office LLC’s holdings in iShares Bitcoin Trust were worth $301,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Front Row Advisors LLC purchased a new position in iShares Bitcoin Trust in the fourth quarter valued at about $48,000. OLD Mission Capital LLC boosted its position in shares of iShares Bitcoin Trust by 244.2% in the fourth quarter. OLD Mission Capital LLC now owns 214,886 shares of the company’s stock worth $11,400,000 after buying an additional 152,453 shares during the period. Diametric Capital LP acquired a new stake in shares of iShares Bitcoin Trust in the fourth quarter valued at about $1,634,000. Nemes Rush Group LLC raised its holdings in shares of iShares Bitcoin Trust by 25.9% during the 4th quarter. Nemes Rush Group LLC now owns 2,282 shares of the company’s stock valued at $121,000 after buying an additional 470 shares during the period. Finally, StoneX Group Inc. purchased a new stake in shares of iShares Bitcoin Trust during the 4th quarter valued at about $2,689,000.
iShares Bitcoin Trust Stock Performance
NASDAQ IBIT opened at $48.30 on Wednesday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The business has a 50 day moving average price of $52.14 and a two-hundred day moving average price of $49.09.
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.
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