Griffin Asset Management Inc. Bought a New Stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th Quarter

Griffin Asset Management Inc. purchased a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 4th quarter, according to its most recent disclosure

Griffin Asset Management Inc. reported a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in its most recent disclosure with the SEC. The fund had 0 shares of the company's stock in its portfolio as of September 30, 2024, and now holds 20,894 shares, valued at approximately $1,108,000, after purchasing an additional 20,894 shares during the 4th quarter.

Other institutional investors have also modified their holdings of the company. IMC Chicago LLC acquired a new stake in shares of iShares Bitcoin Trust during the 3rd quarter. The total value of IMC Chicago LLC's shares is approximately $323,337,000, according to the latest SEC filing. Clear Street Derivatives LLC bought a new position in shares of iShares Bitcoin Trust during the third quarter with a total value of about $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new stake in iShares Bitcoin Trust in the 3rd quarter valued at about $19,149,000. LMR Partners LLP boosted its stake in iShares Bitcoin Trust by 350.0% during the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company's stock valued at $22,762,000 after purchasing an additional 490,000 shares during the period. Verde Servicos Internacionais S.A. increased its stake in shares of 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 purchasing an additional 423,100 shares during the period.

Get iShares Bitcoin Trust Latest Price, Chart, News

iShares Bitcoin Trust Price Performance

Shares of IBIT stock opened at $57.85 on Tuesday. iShares Bitcoin Trust has a 12-month low of $23.88 and a 12-month high of $61.75. The business has a 50 day simple moving average of $55.77 and a 200 day simple moving average of $43.45.

iShares Bitcoin Trust 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.

Featured Articles

Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust (NASDAQ:IBIT - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.