SFG Wealth Management LLC. acquired a new stake in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 4,437 shares of the company’s stock, valued at approximately $235,000.
Other institutional investors have also recently made changes to their positions in the company. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth approximately $323,337,000. D. E. Shaw & Co. Inc. increased its position in shares of iShares Bitcoin Trust by 1,657.7% during the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after acquiring an additional 2,486,608 shares during the period. Sculptor Capital LP increased its position in shares of iShares Bitcoin Trust by 188.1% during the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after acquiring an additional 2,215,107 shares during the period. Aristeia Capital L.L.C. raised its stake in shares of iShares Bitcoin Trust by 47.2% in the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after acquiring an additional 1,903,644 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in iShares Bitcoin Trust in the second quarter valued at $56,965,000.
iShares Bitcoin Trust Price Performance
IBIT opened at $59.62 on Monday. The business has a fifty day moving average price of $54.88 and a 200 day moving average price of $42.51. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month 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.
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