Millstone Evans Group LLC Purchases New Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

Millstone Evans Group LLC acquired a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 716 shares of the company’s stock, valued at approximately $38,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC grew 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 purchasing an additional 4,573,794 shares in the last quarter. NINE MASTS CAPITAL Ltd grew its position in shares of iShares Bitcoin Trust by 29.6% in the 4th quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock worth $80,541,000 after acquiring an additional 346,918 shares in the last quarter. Horizon Kinetics Asset Management LLC increased its holdings in shares of iShares Bitcoin Trust by 7.3% in the 4th quarter. Horizon Kinetics Asset Management LLC now owns 864,272 shares of the company’s stock valued at $45,850,000 after acquiring an additional 58,469 shares during the last quarter. Parallax Volatility Advisers L.P. raised its position in shares of iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after acquiring an additional 370,000 shares in the last quarter. Finally, Clear Street Derivatives LLC bought a new position in iShares Bitcoin Trust during the third quarter worth $23,686,000.

iShares Bitcoin Trust Stock Up 5.2 %

iShares Bitcoin Trust stock opened at $50.18 on Tuesday. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75. The company has a fifty day moving average price of $53.27 and a two-hundred day moving average price of $48.42.

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.