Himension Capital Singapore PTE. LTD. Boosts Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Himension Capital Singapore PTE. LTD. boosted its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 177.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 219,508 shares of the company’s stock after acquiring an additional 140,293 shares during the period. iShares Bitcoin Trust accounts for about 0.8% of Himension Capital Singapore PTE. LTD.’s portfolio, making the stock its 15th largest holding. Himension Capital Singapore PTE. LTD.’s holdings in iShares Bitcoin Trust were worth $11,645,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. MIG Capital LLC purchased a new stake in shares of iShares Bitcoin Trust during the fourth quarter worth $326,000. Hurley Capital LLC acquired a new stake in iShares Bitcoin Trust during the 4th quarter worth $902,000. Envestnet Asset Management Inc. raised its position in iShares Bitcoin Trust by 58.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 206,636 shares of the company’s stock valued at $10,962,000 after purchasing an additional 75,945 shares during the last quarter. Wedbush Securities Inc. lifted its position in iShares Bitcoin Trust by 24.1% during the 4th quarter. Wedbush Securities Inc. now owns 18,109 shares of the company’s stock worth $961,000 after acquiring an additional 3,513 shares during the period. Finally, Perennial Investment Advisors LLC acquired a new position in shares of iShares Bitcoin Trust during the fourth quarter worth about $696,000.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $47.71 on Friday. The business has a fifty day moving average of $51.45 and a two-hundred day moving average of $49.29. iShares Bitcoin Trust has a one year low of $28.23 and a one year high of $61.75.

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.