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

Titleist Asset Management LLC increased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 24.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 63,012 shares of the company’s stock after purchasing 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 & Exchange Commission.

Several other large investors also recently bought and sold shares of IBIT. Proficio Capital Partners LLC lifted its stake in shares of iShares Bitcoin Trust by 6,401.8% during the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after buying an additional 4,573,794 shares during the period. ExodusPoint Capital Management LP raised its stake 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 acquiring an additional 1,274,000 shares during the last quarter. LPL Financial LLC lifted its position in iShares Bitcoin Trust by 485.5% during the 4th quarter. LPL Financial LLC now owns 752,583 shares of the company’s stock worth $39,925,000 after acquiring an additional 624,036 shares during the period. Verde Servicos Internacionais S.A. grew its stake 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 valued at $23,082,000 after purchasing an additional 423,100 shares during the last quarter. Finally, NINE MASTS CAPITAL Ltd grew its stake in iShares Bitcoin Trust by 29.6% during 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 during the last quarter.

iShares Bitcoin Trust Price Performance

IBIT 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 firm has a 50 day moving average of $51.45 and a two-hundred day moving average of $49.29.

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.