Signaturefd LLC Boosts Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Signaturefd LLC lifted its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 174.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,765 shares of the company’s stock after purchasing an additional 7,482 shares during the period. Signaturefd LLC’s holdings in iShares Bitcoin Trust were worth $624,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC raised its stake in iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after buying an additional 4,573,794 shares in the last quarter. NINE MASTS CAPITAL Ltd raised its stake in iShares Bitcoin Trust by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock worth $80,541,000 after buying an additional 346,918 shares in the last quarter. Horizon Kinetics Asset Management LLC raised its stake in iShares Bitcoin Trust by 11.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock worth $29,114,000 after buying an additional 85,763 shares in the last quarter. Parallax Volatility Advisers L.P. raised its stake in iShares Bitcoin Trust by 127.6% in the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after buying an additional 370,000 shares in the last quarter. Finally, Clear Street Derivatives LLC bought a new position in iShares Bitcoin Trust in the third quarter worth about $23,686,000.

iShares Bitcoin Trust Price Performance

IBIT stock opened at $48.61 on Thursday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The firm has a 50-day moving average of $53.57 and a 200 day moving average of $47.98.

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.