CAP Partners LLC Grows Position in iShares Bitcoin Trust (NASDAQ:IBIT)

CAP Partners LLC increased its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 12.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,494 shares of the company’s stock after purchasing an additional 1,350 shares during the quarter. CAP Partners LLC’s holdings in iShares Bitcoin Trust were worth $663,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Stephens Consulting LLC lifted its stake 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 worth $26,000 after buying an additional 189 shares during the period. AlphaMark Advisors LLC grew its holdings in iShares Bitcoin Trust by 8.9% during the fourth quarter. AlphaMark Advisors LLC now owns 2,455 shares of the company’s stock worth $130,000 after acquiring an additional 200 shares during the period. City Holding Co. grew its stake in shares of iShares Bitcoin Trust by 95.2% during the 4th quarter. City Holding Co. now owns 488 shares of the company’s stock worth $26,000 after purchasing an additional 238 shares during the period. Blue Trust Inc. grew its position in iShares Bitcoin Trust by 5.8% during the fourth quarter. Blue Trust Inc. now owns 4,939 shares of the company’s stock valued at $262,000 after buying an additional 270 shares during the period. Finally, Asset Dedication LLC increased its stake in shares of iShares Bitcoin Trust by 52.4% in the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company’s stock valued at $29,000 after purchasing an additional 279 shares in the last quarter.

iShares Bitcoin Trust Stock Up 1.7 %

Shares of IBIT stock opened at $55.38 on Tuesday. iShares Bitcoin Trust has a 1-year low of $27.51 and a 1-year high of $61.75. The stock has a 50 day simple moving average of $56.35 and a 200-day simple moving average of $44.91.

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.