LexAurum Advisors LLC Acquires 2,358 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

LexAurum Advisors LLC grew its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 18.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,151 shares of the company’s stock after buying an additional 2,358 shares during the period. LexAurum Advisors LLC’s holdings in iShares Bitcoin Trust were worth $804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. IMC Chicago LLC bought a new position in shares of iShares Bitcoin Trust during the 3rd quarter valued at approximately $323,337,000. Sculptor Capital LP raised its stake in shares of iShares Bitcoin Trust by 188.1% in the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock valued at $115,831,000 after acquiring an additional 2,215,107 shares during the period. D. E. Shaw & Co. Inc. raised its stake in shares of 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 acquiring an additional 2,486,608 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of iShares Bitcoin Trust in the 2nd quarter worth about $56,965,000. Finally, Murchinson Ltd. grew its holdings in iShares Bitcoin Trust by 87.1% during the 2nd quarter. Murchinson Ltd. now owns 1,642,535 shares of the company’s stock valued at $56,076,000 after purchasing an additional 764,575 shares during the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $58.79 on Friday. iShares Bitcoin Trust has a 1-year low of $22.57 and a 1-year high of $61.75. The company’s 50-day moving average is $55.44 and its 200 day moving average is $43.00.

About iShares Bitcoin Trust

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.