Integrated Wealth Concepts LLC Has $3.20 Million Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

Integrated Wealth Concepts LLC lifted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 60.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 60,398 shares of the company’s stock after acquiring an additional 22,846 shares during the period. Integrated Wealth Concepts LLC’s holdings in iShares Bitcoin Trust were worth $3,204,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IBIT. Symmetry Investments LP raised its holdings in shares of iShares Bitcoin Trust by 3,605.8% during the fourth quarter. Symmetry Investments LP now owns 12,678,808 shares of the company’s stock valued at $672,611,000 after purchasing an additional 12,336,673 shares during the period. Capula Management Ltd increased its position in iShares Bitcoin Trust by 8.7% in the 4th quarter. Capula Management Ltd now owns 9,268,886 shares of the company’s stock valued at $491,714,000 after buying an additional 743,930 shares in the last quarter. Proficio Capital Partners LLC raised its stake in iShares Bitcoin Trust by 6,401.8% during the 4th quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company’s stock worth $246,430,000 after buying an additional 4,573,794 shares during the period. Barclays PLC acquired a new position in iShares Bitcoin Trust during the 4th quarter worth approximately $131,196,000. 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 worth $80,541,000 after acquiring an additional 346,918 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

NASDAQ IBIT opened at $54.27 on Friday. iShares Bitcoin Trust has a 52 week low of $28.23 and a 52 week high of $61.75. The business has a 50 day moving average price of $48.79 and a 200-day moving average price of $50.68.

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.