Kingsview Wealth Management LLC Buys 33,174 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Kingsview Wealth Management LLC increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 78.1% in the 4th quarter, HoldingsChannel reports. The firm owned 75,676 shares of the company’s stock after acquiring an additional 33,174 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $4,015,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust in the third quarter valued at about $323,337,000. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust in the third quarter worth about $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $19,149,000. LMR Partners LLP grew its holdings in shares of iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after purchasing an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. increased its position in iShares Bitcoin Trust by 3,525.8% during the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after purchasing an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ:IBIT opened at $54.47 on Monday. iShares Bitcoin Trust has a one year low of $25.64 and a one year high of $61.75. The firm has a 50 day simple moving average of $56.35 and a 200 day simple moving average of $44.86.

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.