Sivia Capital Partners LLC Boosts Holdings in iShares Bitcoin Trust ETF $IBIT

Sivia Capital Partners LLC lifted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 253.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 67,871 shares of the company’s stock after acquiring an additional 48,687 shares during the period. iShares Bitcoin Trust ETF accounts for approximately 0.7% of Sivia Capital Partners LLC’s portfolio, making the stock its 17th biggest position. Sivia Capital Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,370,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Caprock Group LLC purchased a new position in iShares Bitcoin Trust ETF during the 3rd quarter worth $1,536,000. Brighton Jones LLC purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter worth $711,000. Cassaday & Co Wealth Management LLC grew its position in iShares Bitcoin Trust ETF by 247.5% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 31,909 shares of the company’s stock worth $2,074,000 after purchasing an additional 22,727 shares during the last quarter. Concentrum Wealth Management grew its position in iShares Bitcoin Trust ETF by 16.8% during the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock worth $8,702,000 after purchasing an additional 19,269 shares during the last quarter. Finally, Procyon Advisors LLC grew its position in iShares Bitcoin Trust ETF by 920.1% during the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock worth $11,301,000 after purchasing an additional 205,292 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $37.01 on Thursday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The company’s fifty day moving average is $42.23 and its two-hundred day moving average is $44.94.

iShares Bitcoin Trust ETF 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.