Hibernia Wealth Partners LLC Makes New Investment in iShares Bitcoin Trust (NASDAQ:IBIT)

Hibernia Wealth Partners LLC purchased a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,413 shares of the company’s stock, valued at approximately $552,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. IMC Chicago LLC bought a new stake in iShares Bitcoin Trust in the 3rd quarter valued at about $323,337,000. Clear Street Derivatives LLC acquired a new stake in shares of iShares Bitcoin Trust in the third quarter valued at approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new stake in shares of iShares Bitcoin Trust during the third quarter valued at approximately $19,149,000. LMR Partners LLP boosted its position in shares of iShares Bitcoin Trust by 350.0% during the third 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. Finally, Verde Servicos Internacionais S.A. grew its holdings in iShares Bitcoin Trust by 3,525.8% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company’s stock worth $23,082,000 after buying an additional 423,100 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

IBIT opened at $54.11 on Wednesday. The stock’s 50 day moving average price is $56.36 and its 200 day moving average price is $45.04. iShares Bitcoin Trust has a 12 month low of $27.51 and a 12 month high of $61.75.

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.