Horizon Kinetics Asset Management LLC Has $39.56 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Horizon Kinetics Asset Management LLC cut its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 796,863 shares of the company’s stock after selling 30,038 shares during the quarter. iShares Bitcoin Trust ETF makes up approximately 0.5% of Horizon Kinetics Asset Management LLC’s holdings, making the stock its 24th biggest holding. Horizon Kinetics Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $39,564,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. McIlrath & Eck LLC boosted its stake in iShares Bitcoin Trust ETF by 30.3% in the second quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares in the last quarter. Vivaldi Capital Management LP boosted its stake in iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock valued at $314,000 after buying an additional 163 shares in the last quarter. Thoroughbred Financial Services LLC boosted its stake in iShares Bitcoin Trust ETF by 3.3% in the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after buying an additional 172 shares in the last quarter. Consolidated Portfolio Review Corp boosted its stake in iShares Bitcoin Trust ETF by 2.3% in the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after buying an additional 174 shares in the last quarter. Finally, Gilbert & Cook Inc. boosted its stake in iShares Bitcoin Trust ETF by 2.5% in the fourth quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after buying an additional 196 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 2.1%

NASDAQ:IBIT opened at $35.14 on Wednesday. The stock’s 50-day simple moving average is $41.94 and its 200 day simple moving average is $44.46. 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.