Virtu Financial LLC Has $17.34 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Virtu Financial LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 107.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 349,278 shares of the company’s stock after acquiring an additional 180,823 shares during the period. iShares Bitcoin Trust ETF comprises about 0.7% of Virtu Financial LLC’s investment portfolio, making the stock its 8th biggest position. Virtu Financial LLC’s holdings in iShares Bitcoin Trust ETF were worth $17,342,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in IBIT. Brighton Jones LLC bought a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Concentrum Wealth Management increased its position in shares of iShares Bitcoin Trust ETF by 16.8% in the 3rd quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after buying an additional 19,269 shares in the last quarter. Procyon Advisors LLC increased its position in shares of iShares Bitcoin Trust ETF by 920.1% in the 4th quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after buying an additional 205,292 shares in the last quarter. Step Capital Management Pte. Ltd. acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth $3,724,000. Finally, Columbus Macro LLC raised its stake in iShares Bitcoin Trust ETF by 77.0% during the 4th quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock worth $1,630,000 after buying an additional 14,284 shares during the period.

iShares Bitcoin Trust ETF Trading Down 2.0%

IBIT stock opened at $35.62 on Friday. The business’s 50-day moving average price is $41.64 and its two-hundred day moving average price is $43.78. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82.

iShares Bitcoin Trust ETF 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.