Chicago Partners Investment Group LLC Has $856,000 Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Chicago Partners Investment Group LLC lowered its position in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 9.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,041 shares of the company’s stock after selling 1,746 shares during the period. Chicago Partners Investment Group LLC’s holdings in iShares Bitcoin Trust were worth $856,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. IMC Chicago LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth approximately $323,337,000. Horizon Kinetics Asset Management LLC increased its holdings in iShares Bitcoin Trust by 11.9% in the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after purchasing an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. raised its position in iShares Bitcoin Trust by 127.6% during the 3rd quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company’s stock worth $23,846,000 after purchasing an additional 370,000 shares during the last quarter. Clear Street Derivatives LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $23,686,000. Finally, LMR Partners LLP raised its position in shares of iShares Bitcoin Trust by 350.0% during the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after acquiring an additional 490,000 shares during the last quarter.

iShares Bitcoin Trust Price Performance

NASDAQ:IBIT opened at $57.71 on Monday. iShares Bitcoin Trust has a fifty-two week low of $24.13 and a fifty-two week high of $61.75. The company has a 50 day simple moving average of $56.19 and a two-hundred day simple moving average of $44.22.

iShares Bitcoin Trust 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.