iShares Bitcoin Trust (NASDAQ:IBIT) Shares Acquired by Pachira Investments Inc.

Pachira Investments Inc. lifted its position in iShares Bitcoin Trust (NASDAQ:IBIT) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,937 shares of the company’s stock after purchasing an additional 1,341 shares during the quarter. iShares Bitcoin Trust makes up 1.1% of Pachira Investments Inc.’s investment portfolio, making the stock its 22nd biggest holding. Pachira Investments Inc.’s holdings in iShares Bitcoin Trust were worth $1,871,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IBIT. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust during the third quarter worth about $323,337,000. Clear Street Derivatives LLC acquired a new stake in iShares Bitcoin Trust during the 3rd quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at approximately $19,149,000. LMR Partners LLP increased its holdings in shares of iShares Bitcoin Trust by 350.0% in the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after purchasing an additional 490,000 shares during the period. Finally, Verde Servicos Internacionais S.A. raised its stake in shares of iShares Bitcoin Trust by 3,525.8% during the fourth quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after purchasing an additional 423,100 shares during the last quarter.

iShares Bitcoin Trust Price Performance

Shares of IBIT opened at $55.38 on Tuesday. iShares Bitcoin Trust has a 1 year low of $27.51 and a 1 year high of $61.75. The company’s fifty day moving average is $56.35 and its two-hundred day moving average is $44.91.

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.