iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Sterling Investment Advisors Ltd.

Sterling Investment Advisors Ltd. raised its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 161.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,009 shares of the company’s stock after purchasing an additional 21,624 shares during the period. Sterling Investment Advisors Ltd.’s holdings in iShares Bitcoin Trust were worth $1,857,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IBIT. IMC Chicago LLC acquired a new position in shares of iShares Bitcoin Trust during the third quarter worth $323,337,000. Clear Street Derivatives LLC acquired a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at $23,686,000. CloudAlpha Capital Management Limited Hong Kong acquired a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at $19,149,000. LMR Partners LLP increased its position 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 acquiring an additional 490,000 shares during the period. Finally, Verde Servicos Internacionais S.A. increased its position 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 acquiring an additional 423,100 shares during the period.

iShares Bitcoin Trust Price Performance

NASDAQ IBIT opened at $53.41 on Tuesday. The stock’s fifty day moving average price is $56.07 and its 200 day moving average price is $46.27. iShares Bitcoin Trust has a 1 year low of $28.23 and a 1 year 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.