Ameliora Wealth Management Ltd. Purchases 8,490 Shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Ameliora Wealth Management Ltd. boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 2,830.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,790 shares of the company’s stock after acquiring an additional 8,490 shares during the period. Ameliora Wealth Management Ltd.’s holdings in iShares Bitcoin Trust ETF were worth $411,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Millennium Management LLC increased its stake in iShares Bitcoin Trust ETF by 27.0% during the fourth quarter. Millennium Management LLC now owns 29,850,198 shares of the company’s stock valued at $1,583,553,000 after acquiring an additional 6,352,197 shares during the period. Brevan Howard Capital Management LP bought a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at about $1,385,364,000. Symmetry Investments LP increased its stake in iShares Bitcoin Trust ETF by 3,605.8% during the fourth quarter. Symmetry Investments LP now owns 12,678,808 shares of the company’s stock valued at $672,611,000 after acquiring an additional 12,336,673 shares during the period. D. E. Shaw & Co. Inc. increased its stake in iShares Bitcoin Trust ETF by 344.8% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company’s stock valued at $512,857,000 after acquiring an additional 7,494,123 shares during the period. Finally, Capula Management Ltd increased its stake in iShares Bitcoin Trust ETF by 8.7% during the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company’s stock valued at $491,714,000 after acquiring an additional 743,930 shares during the period.

iShares Bitcoin Trust ETF Stock Up 4.2%

NASDAQ IBIT opened at $61.77 on Tuesday. The stock’s 50 day moving average is $54.61 and its two-hundred day moving average is $54.03. iShares Bitcoin Trust ETF has a 1-year low of $28.23 and a 1-year high of $63.70.

iShares Bitcoin Trust ETF 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.