iShares Bitcoin Trust (NASDAQ:IBIT) Shares Bought by Titleist Asset Management LLC

Titleist Asset Management LLC lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 24.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 63,012 shares of the company’s stock after acquiring an additional 12,229 shares during the period. Titleist Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $3,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC raised its position in shares of iShares Bitcoin Trust by 6,401.8% in the fourth 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 during the period. NINE MASTS CAPITAL Ltd increased its stake in shares of iShares Bitcoin Trust by 29.6% in the 4th 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 in the last quarter. ExodusPoint Capital Management LP raised its holdings in iShares Bitcoin Trust by 849.9% in the 4th quarter. ExodusPoint Capital Management LP now owns 1,423,900 shares of the company’s stock worth $75,538,000 after purchasing an additional 1,274,000 shares during the period. Horizon Kinetics Asset Management LLC boosted its position in iShares Bitcoin Trust by 7.3% during 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. Finally, LPL Financial LLC grew its holdings in iShares Bitcoin Trust by 485.5% in the fourth quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock valued at $39,925,000 after purchasing an additional 624,036 shares during the period.

iShares Bitcoin Trust Stock Performance

iShares Bitcoin Trust stock opened at $47.71 on Friday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The business has a 50 day simple moving average of $51.45 and a 200-day simple moving average of $49.29.

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.