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

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.Get iShares Bitcoin Trust alerts:ARK Innovation Fund Bets Big on Bitcoin—Will It Pay Off?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 PerformanceiShares 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 (Free Report)3 Stocks Using Bitcoin to Grow Their Treasury ReservesThe 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. Recommended StoriesFive stocks we like better than iShares Bitcoin TrustWhy Are Stock Sectors Important to Successful Investing?Why Dollar Tree’s Family Dollar Sale Could Spark a ComebackStocks with Unusual Volume: How to Find Unusual Volume Stocks in Real TimeJPMorgan: The 'NVIDIA of Banking' Poised for More Gains?About the Markup CalculatorBuy the Chewy Stock Reversal? Here’s Why Now Is the TimeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.The Behemoth BlackRock’s Next Trillion Comes From Private AssetsShould You Invest $1,000 in iShares Bitcoin Trust Right Now?Before you consider iShares Bitcoin Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iShares Bitcoin Trust wasn't on the list.While iShares Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here