iShares Bitcoin Trust (NASDAQ:IBIT) Shares Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC increased its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 87.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,805 shares of the company’s stock after purchasing an additional 62,360 shares during the period. Proficio Capital Partners LLC’s holdings in iShares Bitcoin Trust were worth $7,098,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IBIT. Clear Street Derivatives LLC acquired a new position in shares of iShares Bitcoin Trust during the third quarter worth $23,686,000. LMR Partners LLP boosted its stake in iShares Bitcoin Trust by 350.0% in the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after acquiring an additional 490,000 shares in the last quarter. Verde Servicos Internacionais S.A. boosted its stake in 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 valued at $23,082,000 after acquiring an additional 423,100 shares in the last quarter. Parallax Volatility Advisers L.P. boosted 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 valued at $23,846,000 after acquiring an additional 370,000 shares in the last quarter. Finally, NINE MASTS CAPITAL Ltd boosted 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 valued at $80,541,000 after acquiring an additional 346,918 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

NASDAQ IBIT opened at $48.14 on Monday. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year high of $61.75. The company has a fifty day moving average of $54.02 and a two-hundred day moving average of $47.78.

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.