Mason & Associates Inc Takes Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Mason & Associates Inc acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,963 shares of the company’s stock, valued at approximately $369,000.

Other hedge funds also recently bought and sold shares of the company. IMC Chicago LLC bought a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth approximately $323,337,000. Aristeia Capital L.L.C. boosted its holdings in iShares Bitcoin Trust by 47.2% during the 2nd quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after acquiring an additional 1,903,644 shares during the period. Sculptor Capital LP grew its position in iShares Bitcoin Trust by 188.1% during the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after acquiring an additional 2,215,107 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in iShares Bitcoin Trust by 1,657.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock valued at $90,014,000 after purchasing an additional 2,486,608 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new position in shares of iShares Bitcoin Trust in the second quarter worth approximately $56,965,000.

iShares Bitcoin Trust Price Performance

Shares of IBIT opened at $56.30 on Thursday. The firm has a fifty day simple moving average of $54.29 and a two-hundred day simple moving average of $42.14. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month 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.