Lalia Capital LLC Takes Position in iShares Bitcoin Trust ETF $IBIT

Lalia Capital LLC acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 4th quarter, Holdings Channel reports. The firm acquired 327,400 shares of the company’s stock, valued at approximately $16,255,000. iShares Bitcoin Trust ETF accounts for 12.7% of Lalia Capital LLC’s holdings, making the stock its 3rd largest holding.

Several other institutional investors have also recently made changes to their positions in the business. Mascagni Wealth Management Inc. lifted its stake in shares of iShares Bitcoin Trust ETF by 42.6% in the 4th quarter. Mascagni Wealth Management Inc. now owns 6,396 shares of the company’s stock worth $318,000 after purchasing an additional 1,910 shares during the period. Invst LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 65.0% in the 4th quarter. Invst LLC now owns 23,746 shares of the company’s stock worth $1,179,000 after purchasing an additional 9,355 shares during the period. OneAscent Wealth Management LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 9.8% in the 4th quarter. OneAscent Wealth Management LLC now owns 8,579 shares of the company’s stock worth $426,000 after purchasing an additional 764 shares during the period. OneAscent Financial Services LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 179.6% in the 4th quarter. OneAscent Financial Services LLC now owns 26,412 shares of the company’s stock worth $1,311,000 after purchasing an additional 16,965 shares during the period. Finally, WINTON GROUP Ltd lifted its stake in shares of iShares Bitcoin Trust ETF by 27.3% in the 4th quarter. WINTON GROUP Ltd now owns 1,603,653 shares of the company’s stock worth $79,621,000 after purchasing an additional 343,910 shares during the period.

iShares Bitcoin Trust ETF Trading Down 5.2%

Shares of NASDAQ:IBIT opened at $34.14 on Friday. The firm’s 50 day moving average price is $42.04 and its 200-day moving average price is $44.74. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month 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.