Arlington Trust Co LLC Grows Stock Position in iShares Bitcoin Trust (NASDAQ:IBIT)

Arlington Trust Co LLC lifted its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 580.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,700 shares of the company’s stock after buying an additional 1,450 shares during the quarter. Arlington Trust Co LLC’s holdings in iShares Bitcoin Trust were worth $90,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IBIT. IMC Chicago LLC purchased a new position in iShares Bitcoin Trust during the third quarter valued at approximately $323,337,000. Horizon Kinetics Asset Management LLC grew its position in iShares Bitcoin Trust by 11.9% during the third quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock valued at $29,114,000 after acquiring an additional 85,763 shares during the last quarter. Parallax Volatility Advisers L.P. raised its position in iShares Bitcoin Trust by 127.6% in 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 period. Clear Street Derivatives LLC purchased a new stake in iShares Bitcoin Trust during the 3rd quarter valued at about $23,686,000. Finally, LMR Partners LLP grew its position in iShares Bitcoin Trust by 350.0% during the 3rd 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 Stock Performance

Shares of iShares Bitcoin Trust stock opened at $54.47 on Monday. iShares Bitcoin Trust has a 52 week low of $25.64 and a 52 week high of $61.75. The business has a 50 day moving average of $56.35 and a 200 day moving average of $44.86.

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.