VanderPol Investments L.L.C. Invests $205,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

VanderPol Investments L.L.C. bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,857 shares of the company’s stock, valued at approximately $205,000.

A number of other large investors have also modified their holdings of the stock. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth $323,337,000. Clear Street Derivatives LLC acquired a new stake in iShares Bitcoin Trust during the third quarter valued at $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new stake in iShares Bitcoin Trust during the third quarter valued at $19,149,000. LMR Partners LLP boosted its position 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. Finally, Verde Servicos Internacionais S.A. lifted its position in shares of iShares Bitcoin Trust by 3,525.8% in the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after buying an additional 423,100 shares during the last quarter.

iShares Bitcoin Trust Price Performance

Shares of NASDAQ IBIT traded up $0.67 during trading hours on Wednesday, hitting $58.25. 5,367,828 shares of the company’s stock were exchanged, compared to its average volume of 47,419,160. iShares Bitcoin Trust has a 1-year low of $24.13 and a 1-year high of $61.75. The company’s 50-day moving average price is $55.88 and its 200-day moving average price is $43.63.

iShares Bitcoin Trust 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.