GR Financial Group LLC Takes Position in iShares Bitcoin Trust (NASDAQ:IBIT)

GR Financial Group LLC bought a new position in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,243 shares of the company’s stock, valued at approximately $331,000. iShares Bitcoin Trust comprises 0.1% of GR Financial Group LLC’s portfolio, making the stock its 19th biggest position.

Other large investors have also recently made changes to their positions in the company. Proficio Capital Partners LLC increased its stake in iShares Bitcoin Trust by 6,401.8% in the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after purchasing an additional 4,573,794 shares during the period. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust in the third quarter worth about $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in shares of iShares Bitcoin Trust in the third quarter worth about $19,149,000. LMR Partners LLP increased its stake in iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after buying an additional 490,000 shares during the period. Finally, Verde Servicos Internacionais S.A. lifted its holdings in 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 valued at $23,082,000 after buying an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $48.90 on Tuesday. The firm has a 50-day moving average of $55.17 and a two-hundred day moving average of $46.93. 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.