Landscape Capital Management L.L.C. lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 44.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 275,165 shares of the company’s stock after acquiring an additional 85,000 shares during the period. iShares Bitcoin Trust comprises approximately 1.0% of Landscape Capital Management L.L.C.’s holdings, making the stock its 5th largest holding. Landscape Capital Management L.L.C.’s holdings in iShares Bitcoin Trust were worth $9,942,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in shares of iShares Bitcoin Trust in the 1st quarter worth about $42,000. Bessemer Group Inc. bought a new stake in shares of iShares Bitcoin Trust during the first quarter valued at approximately $65,000. InterOcean Capital Group LLC acquired a new position in shares of iShares Bitcoin Trust during the first quarter worth approximately $205,000. Freestone Capital Holdings LLC bought a new position in iShares Bitcoin Trust in the 1st quarter worth approximately $302,000. Finally, EP Wealth Advisors LLC acquired a new stake in iShares Bitcoin Trust in the 1st quarter valued at approximately $343,000.
iShares Bitcoin Trust Trading Up 1.9 %
Shares of IBIT stock opened at $53.72 on Thursday. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $54.17. The stock has a fifty day moving average of $39.17 and a two-hundred day moving average of $37.03.
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.
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