iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC grew its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 71.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 40,791 shares of the company’s stock after purchasing an additional 16,982 shares during the quarter. Lake Street Advisors Group LLC’s holdings in iShares Bitcoin Trust were worth $2,164,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust in the third quarter worth about $323,337,000. Clear Street Derivatives LLC purchased a new position in iShares Bitcoin Trust in the 3rd quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in iShares Bitcoin Trust in the 3rd quarter worth approximately $19,149,000. LMR Partners LLP boosted 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 worth $22,762,000 after purchasing an additional 490,000 shares during the last quarter. Finally, Verde Servicos Internacionais S.A. grew its position in shares of iShares Bitcoin Trust by 3,525.8% in the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after purchasing an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Trading Down 6.3 %

Shares of iShares Bitcoin Trust stock opened at $50.03 on Wednesday. The business’s 50 day moving average price is $55.72 and its 200 day moving average price is $46.52. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

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.