Central Asset Investments & Management Holdings HK Ltd Buys 23,100 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Central Asset Investments & Management Holdings HK Ltd raised its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 79.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,100 shares of the company’s stock after buying an additional 23,100 shares during the quarter. iShares Bitcoin Trust comprises about 1.7% of Central Asset Investments & Management Holdings HK Ltd’s investment portfolio, making the stock its 15th biggest holding. Central Asset Investments & Management Holdings HK Ltd’s holdings in iShares Bitcoin Trust were worth $2,764,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IBIT. Stephens Consulting LLC increased its position in shares of iShares Bitcoin Trust by 62.8% during the fourth quarter. Stephens Consulting LLC now owns 490 shares of the company’s stock valued at $26,000 after acquiring an additional 189 shares in the last quarter. AlphaMark Advisors LLC increased its holdings in shares of iShares Bitcoin Trust by 8.9% in the 4th quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after purchasing an additional 200 shares in the last quarter. Pathway Financial Advisers LLC raised its stake in shares of iShares Bitcoin Trust by 52.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 665 shares of the company’s stock worth $35,000 after purchasing an additional 230 shares during the last quarter. City Holding Co. lifted its stake in iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock valued at $26,000 after acquiring an additional 238 shares during the period. Finally, Blue Trust Inc. lifted its stake in iShares Bitcoin Trust by 5.8% during the 4th quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after acquiring an additional 270 shares during the period.

iShares Bitcoin Trust Trading Down 4.1 %

Shares of IBIT stock opened at $47.96 on Thursday. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The company has a 50 day moving average price of $55.54 and a 200-day moving average price of $46.53.

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.