NorthRock Partners LLC Has $342,000 Holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

NorthRock Partners LLC lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 41.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,312 shares of the company’s stock after purchasing an additional 2,136 shares during the quarter. NorthRock Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $342,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IBIT. Brevan Howard Capital Management LP bought a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at about $1,385,364,000. Symmetry Investments LP raised its position in iShares Bitcoin Trust ETF 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 in the last quarter. Mubadala Investment Co PJSC bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $436,895,000. D. E. Shaw & Co. Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF by 344.8% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company’s stock valued at $512,857,000 after purchasing an additional 7,494,123 shares in the last quarter. Finally, Jericho Capital Asset Management L.P. bought a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $378,140,000.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $64.22 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $28.23 and a 12 month high of $69.46. The firm has a 50-day moving average price of $62.73 and a 200-day moving average price of $56.23.

iShares Bitcoin Trust ETF Company 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.