Sepio Capital LP acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,744 shares of the company’s stock, valued at approximately $623,000.
A number of other institutional investors have also modified their holdings of IBIT. Andina Capital Management LLC increased its stake in iShares Bitcoin Trust by 131.0% during the 4th quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock worth $910,000 after buying an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. increased its position in shares of iShares Bitcoin Trust by 32.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 38,078 shares of the company’s stock worth $1,357,000 after acquiring an additional 9,266 shares during the period. Mutual Advisors LLC raised its stake in shares of iShares Bitcoin Trust by 65.8% in the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock valued at $8,967,000 after acquiring an additional 62,338 shares in the last quarter. Garden State Investment Advisory Services LLC purchased a new position in iShares Bitcoin Trust in the third quarter valued at $656,000. Finally, Stordahl Capital Management Inc. acquired a new position in iShares Bitcoin Trust during the 4th quarter worth $253,000.
iShares Bitcoin Trust Stock Up 2.4 %
IBIT stock opened at $47.71 on Monday. The business’s 50-day moving average is $51.45 and its two-hundred day moving average is $49.39. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year 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.
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