One Capital Management LLC Buys New Position in iShares Bitcoin Trust (NASDAQ:IBIT)

One Capital Management LLC bought a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 8,984 shares of the company’s stock, valued at approximately $477,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $365,000. Vision Financial Markets LLC purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $25,000. Proficio Capital Partners LLC boosted its holdings in iShares Bitcoin Trust by 87.3% during the 4th quarter. Proficio Capital Partners LLC now owns 133,805 shares of the company’s stock valued at $7,098,000 after acquiring an additional 62,360 shares during the period. J.Safra Asset Management Corp purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $760,000. Finally, Cypress Capital Group purchased a new position in iShares Bitcoin Trust during the 4th quarter valued at about $290,000.

iShares Bitcoin Trust Stock Performance

Shares of iShares Bitcoin Trust stock opened at $49.43 on Friday. The business has a 50-day moving average of $54.78 and a 200 day moving average of $47.20. iShares Bitcoin Trust has a 12 month low of $28.23 and a 12 month high of $61.75.

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.