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

Horizon Kinetics Asset Management LLC lifted its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 7.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 864,272 shares of the company’s stock after purchasing an additional 58,469 shares during the period. iShares Bitcoin Trust comprises about 0.6% of Horizon Kinetics Asset Management LLC’s portfolio, making the stock its 18th biggest holding. Horizon Kinetics Asset Management LLC owned about 0.13% of iShares Bitcoin Trust worth $45,850,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IBIT. Vienna Asset Management LLC raised its position in iShares Bitcoin Trust by 131.6% during the third quarter. Vienna Asset Management LLC now owns 26,642 shares of the company’s stock worth $963,000 after acquiring an additional 15,137 shares during the period. Garden State Investment Advisory Services LLC acquired a new position in iShares Bitcoin Trust during the third quarter worth $656,000. Andina Capital Management LLC raised its position in iShares Bitcoin Trust by 131.0% during the fourth quarter. Andina Capital Management LLC now owns 17,152 shares of the company’s stock worth $910,000 after acquiring an additional 9,728 shares during the period. B. Riley Wealth Advisors Inc. raised its position in 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. Finally, Mutual Advisors LLC raised its position in iShares Bitcoin Trust by 65.8% during the fourth quarter. Mutual Advisors LLC now owns 157,060 shares of the company’s stock worth $8,967,000 after acquiring an additional 62,338 shares during the period.

iShares Bitcoin Trust Stock Performance

NASDAQ:IBIT opened at $48.14 on Monday. The company has a fifty day moving average of $54.02 and a two-hundred day moving average of $47.78. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week 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.