Alpha Zero LLC Increases Stock Position in iShares Bitcoin Trust ETF $IBIT

Alpha Zero LLC increased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 84,035 shares of the company’s stock after purchasing an additional 25,576 shares during the period. iShares Bitcoin Trust ETF accounts for 1.6% of Alpha Zero LLC’s investment portfolio, making the stock its 12th largest holding. Alpha Zero LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,229,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Semmax Financial Advisors Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 135.9% during the second quarter. Semmax Financial Advisors Inc. now owns 493 shares of the company’s stock worth $33,000 after buying an additional 284 shares during the period. Marshall & Sterling Wealth Advisors Inc. lifted its position in iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after acquiring an additional 500 shares during the period. Sfam LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $26,000. Key Capital Management INC purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at approximately $26,000. Finally, Vermillion & White Wealth Management Group LLC increased its holdings in shares of iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $36.89 on Tuesday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The business has a 50 day simple moving average of $38.05 and a 200-day simple moving average of $41.45.

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.