Spear Holdings RSC Ltd acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 460,600 shares of the company’s stock, valued at approximately $22,869,000. iShares Bitcoin Trust ETF accounts for 4.0% of Spear Holdings RSC Ltd’s holdings, making the stock its 8th biggest holding.
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. McIlrath & Eck LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares during the period. Vivaldi Capital Management LP boosted its stake in shares of iShares Bitcoin Trust ETF by 3.3% in the 2nd 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 during the period. Thoroughbred Financial Services LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 3.3% in the 3rd 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 during the period. FSB Premier Wealth Management Inc. raised its position in shares of iShares Bitcoin Trust ETF by 2.4% during the 3rd quarter. FSB Premier Wealth Management Inc. now owns 7,244 shares of the company’s stock worth $471,000 after acquiring an additional 173 shares in the last quarter. Finally, Consolidated Portfolio Review Corp raised its position in shares of iShares Bitcoin Trust ETF by 2.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock worth $510,000 after acquiring an additional 174 shares in the last quarter.
iShares Bitcoin Trust ETF Price Performance
Shares of NASDAQ IBIT opened at $44.82 on Friday. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82. The stock’s 50-day simple moving average is $41.73 and its 200-day simple moving average is $46.67.
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.
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