Corient Private Wealth LLC Buys 81,253 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Corient Private Wealth LLC boosted its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 32.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 328,039 shares of the company’s stock after acquiring an additional 81,253 shares during the period. Corient Private Wealth LLC owned 0.05% of iShares Bitcoin Trust worth $17,402,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in IBIT. Proficio Capital Partners LLC boosted its holdings 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 valued at $246,430,000 after acquiring an additional 4,573,794 shares in the last quarter. Clear Street Derivatives LLC bought a new stake in iShares Bitcoin Trust in the third quarter valued at $23,686,000. Verde Servicos Internacionais S.A. boosted its holdings in 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 acquiring an additional 423,100 shares in the last quarter. Parallax Volatility Advisers L.P. boosted its holdings in iShares Bitcoin Trust by 127.6% in the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock valued at $23,846,000 after acquiring an additional 370,000 shares in the last quarter. Finally, NINE MASTS CAPITAL Ltd boosted its holdings in iShares Bitcoin Trust by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company’s stock valued at $80,541,000 after acquiring an additional 346,918 shares in the last quarter.

iShares Bitcoin Trust Trading Down 2.6 %

NASDAQ:IBIT opened at $46.81 on Wednesday. The firm’s fifty day simple moving average is $53.66 and its 200 day simple moving average is $47.98. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.

About iShares Bitcoin Trust

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.