CAP Partners LLC Boosts Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

CAP Partners LLC boosted its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 12.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,494 shares of the company’s stock after acquiring an additional 1,350 shares during the quarter. CAP Partners LLC’s holdings in iShares Bitcoin Trust were worth $663,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IBIT. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust during the third quarter worth approximately $323,337,000. Clear Street Derivatives LLC purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new position in iShares Bitcoin Trust in the 3rd quarter valued at $19,149,000. LMR Partners LLP raised its holdings in iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after purchasing an additional 490,000 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. raised its stake in shares of iShares Bitcoin Trust by 3,525.8% during the 4th 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 in the last quarter.

iShares Bitcoin Trust Stock Performance

Shares of NASDAQ IBIT opened at $55.38 on Tuesday. iShares Bitcoin Trust has a one year low of $27.51 and a one year high of $61.75. The company’s fifty day moving average is $56.35 and its two-hundred day moving average is $44.91.

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.