4,366 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Berkshire Bank

Berkshire Bank purchased a new position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,366 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds also recently made changes to their positions in IBIT. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter worth $323,337,000. Clear Street Derivatives LLC purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter worth about $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 about $19,149,000. LMR Partners LLP grew its holdings in shares of iShares Bitcoin Trust by 350.0% during the 3rd 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 during the period. Finally, Parallax Volatility Advisers L.P. increased its position in iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after purchasing an additional 370,000 shares in the last quarter.

iShares Bitcoin Trust Stock Down 3.1 %

Shares of IBIT stock opened at $57.85 on Tuesday. iShares Bitcoin Trust has a fifty-two week low of $23.88 and a fifty-two week high of $61.75. The firm’s 50 day moving average price is $55.77 and its two-hundred day moving average price is $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.