Riverview Capital Advisers LLC Acquires Shares of 4,835 iShares Bitcoin Trust (NASDAQ:IBIT)

Riverview Capital Advisers LLC bought a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,835 shares of the company’s stock, valued at approximately $256,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Millennium Management LLC boosted its stake in iShares Bitcoin Trust by 27.0% during the fourth quarter. Millennium Management LLC now owns 29,850,198 shares of the company’s stock valued at $1,583,553,000 after buying an additional 6,352,197 shares during the last quarter. Brevan Howard Capital Management LP purchased a new position in shares of iShares Bitcoin Trust in the 4th quarter worth $1,385,364,000. Symmetry Investments LP raised its position in shares of iShares Bitcoin Trust by 3,605.8% during the 4th quarter. Symmetry Investments LP now owns 12,678,808 shares of the company’s stock valued at $672,611,000 after buying an additional 12,336,673 shares in the last quarter. D. E. Shaw & Co. Inc. grew its position in iShares Bitcoin Trust by 344.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company’s stock worth $512,857,000 after acquiring an additional 7,494,123 shares in the last quarter. Finally, Capula Management Ltd increased its stake in iShares Bitcoin Trust by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company’s stock worth $491,714,000 after acquiring an additional 743,930 shares during the last quarter.

iShares Bitcoin Trust Stock Down 1.5%

NASDAQ:IBIT opened at $58.74 on Thursday. The business has a 50 day simple moving average of $50.10 and a 200-day simple moving average of $52.22. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75.

iShares Bitcoin Trust Company 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.