Smartleaf Asset Management LLC Acquires 8,424 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Smartleaf Asset Management LLC boosted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 864.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,399 shares of the company’s stock after acquiring an additional 8,424 shares during the period. Smartleaf Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. Proficio Capital Partners LLC grew its holdings in iShares Bitcoin Trust by 6,401.8% during the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after acquiring an additional 4,573,794 shares in the last quarter. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $19,149,000. LMR Partners LLP boosted its holdings in shares of iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after buying an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. boosted its holdings in shares of iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock valued at $23,082,000 after buying an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

NASDAQ:IBIT opened at $48.90 on Tuesday. iShares Bitcoin Trust has a fifty-two week low of $28.23 and a fifty-two week high of $61.75. The company’s 50-day simple moving average is $55.17 and its 200-day simple moving average is $46.93.

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.