23,269 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Ndwm LLC

Ndwm LLC purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,269 shares of the company’s stock, valued at approximately $1,234,000. iShares Bitcoin Trust accounts for about 1.0% of Ndwm LLC’s portfolio, making the stock its 16th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. IMC Chicago LLC acquired a new position in iShares Bitcoin Trust during the third quarter worth about $323,337,000. Horizon Kinetics Asset Management LLC boosted its position in shares of iShares Bitcoin Trust by 11.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after purchasing an additional 85,763 shares in the last quarter. Parallax Volatility Advisers L.P. grew its stake in shares of iShares Bitcoin Trust by 127.6% in the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after purchasing an additional 370,000 shares during the last quarter. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $23,686,000. Finally, LMR Partners LLP lifted its stake in iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after purchasing an additional 490,000 shares during the last quarter.

iShares Bitcoin Trust Trading Down 6.3 %

Shares of IBIT opened at $50.03 on Wednesday. The company has a 50-day moving average of $55.72 and a two-hundred day moving average of $46.52. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

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.