Nkcfo LLC Purchases 28,000 Shares of iShares Bitcoin Trust ETF $IBIT

Nkcfo LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 84.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 61,000 shares of the company’s stock after purchasing an additional 28,000 shares during the period. iShares Bitcoin Trust ETF comprises about 0.9% of Nkcfo LLC’s holdings, making the stock its 28th largest holding. Nkcfo LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,029,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IBIT. Laurore Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $436,239,000. Schonfeld Strategic Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 19.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after purchasing an additional 1,093,183 shares during the period. Sculptor Capital LP grew its holdings in iShares Bitcoin Trust ETF by 59.5% during the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the period. 59 North Capital Management LP bought a new stake in iShares Bitcoin Trust ETF in the third quarter valued at approximately $169,100,000. Finally, Crcm LP raised its holdings in iShares Bitcoin Trust ETF by 37.7% in the third quarter. Crcm LP now owns 2,214,074 shares of the company’s stock worth $143,915,000 after purchasing an additional 605,992 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $43.32 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The company’s fifty day moving average is $40.40 and its 200-day moving average is $47.85.

iShares Bitcoin Trust ETF 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.