NTV Asset Management LLC Boosts Stake in iShares Bitcoin Trust (NASDAQ:IBIT)

NTV Asset Management LLC grew its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 40.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 206,618 shares of the company’s stock after purchasing an additional 59,129 shares during the quarter. iShares Bitcoin Trust makes up about 1.4% of NTV Asset Management LLC’s investment portfolio, making the stock its 11th biggest position. NTV Asset Management LLC’s holdings in iShares Bitcoin Trust were worth $10,961,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. IMC Chicago LLC purchased a new position in shares of iShares Bitcoin Trust during the 3rd quarter worth $323,337,000. Horizon Kinetics Asset Management LLC lifted its stake in shares of iShares Bitcoin Trust by 11.9% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 805,803 shares of the company’s stock worth $29,114,000 after purchasing an additional 85,763 shares during the period. Parallax Volatility Advisers L.P. lifted its stake in shares of iShares Bitcoin Trust by 127.6% during 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 position in shares of iShares Bitcoin Trust in the 3rd quarter worth $23,686,000. Finally, LMR Partners LLP raised its position in shares of iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after buying an additional 490,000 shares during the period.

iShares Bitcoin Trust Stock Up 1.1 %

Shares of IBIT opened at $55.33 on Monday. The stock’s fifty day simple moving average is $56.25 and its 200 day simple moving average is $45.51. iShares Bitcoin Trust has a twelve month low of $28.23 and a twelve month high of $61.75.

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.