LPL Financial LLC Has $39.93 Million Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Market Beat
2025.03.29 08:15
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LPL Financial LLC increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 485.5% in Q4, owning 752,583 shares worth approximately $39.93 million. Other institutional investors also significantly raised their stakes, with Proficio Capital Partners increasing theirs by 6,401.8%. The iShares Bitcoin Trust stock opened at $47.56, with a 52-week range of $28.23 to $61.75. The fund aims to track the spot price of Bitcoin and was launched by BlackRock on January 5, 2024.

LPL Financial LLC raised its position in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 485.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 752,583 shares of the company's stock after purchasing an additional 624,036 shares during the period. LPL Financial LLC owned 0.12% of iShares Bitcoin Trust worth $39,925,000 as of its most recent filing with the SEC.

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A number of other institutional investors also recently modified their holdings of the company. Proficio Capital Partners LLC raised its stake in iShares Bitcoin Trust by 6,401.8% during the fourth quarter. Proficio Capital Partners LLC now owns 4,645,239 shares of the company's stock worth $246,430,000 after buying an additional 4,573,794 shares during the last quarter. Clear Street Derivatives LLC acquired a new position in shares of iShares Bitcoin Trust in the 3rd quarter valued at about $23,686,000. Verde Servicos Internacionais S.A. boosted its position in shares of iShares Bitcoin Trust by 3,525.8% during the 4th quarter. Verde Servicos Internacionais S.A. now owns 435,100 shares of the company's stock valued at $23,082,000 after purchasing an additional 423,100 shares in the last quarter. Parallax Volatility Advisers L.P. grew its stake in iShares Bitcoin Trust by 127.6% during the third quarter. Parallax Volatility Advisers L.P. now owns 660,000 shares of the company's stock worth $23,846,000 after purchasing an additional 370,000 shares during the period. Finally, NINE MASTS CAPITAL Ltd increased its holdings in iShares Bitcoin Trust by 29.6% in the fourth quarter. NINE MASTS CAPITAL Ltd now owns 1,518,200 shares of the company's stock worth $80,541,000 after purchasing an additional 346,918 shares in the last quarter.

iShares Bitcoin Trust Stock Performance

iShares Bitcoin Trust stock opened at $47.56 on Friday. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75. The stock's 50 day moving average price is $52.64 and its two-hundred day moving average price is $48.68.

About iShares Bitcoin Trust

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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.

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