Northbridge Financial Group LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 25,754 shares of the company’s stock, valued at approximately $1,279,000.
Several other hedge funds and other institutional investors have also made changes to their positions in IBIT. Laurore Ltd purchased a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth about $436,239,000. 59 North Capital Management LP purchased a new stake in iShares Bitcoin Trust ETF during the 3rd quarter worth about $169,100,000. Consolidated Portfolio Review Corp increased its position in iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after purchasing an additional 2,134,334 shares in the last quarter. Sculptor Capital LP increased its position in iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after purchasing an additional 1,673,788 shares in the last quarter. Finally, Mariner Investment Group LLC increased its position in iShares Bitcoin Trust ETF by 142.3% during the 3rd quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock worth $130,981,000 after purchasing an additional 1,183,414 shares in the last quarter.
iShares Bitcoin Trust ETF Trading Down 0.1%
iShares Bitcoin Trust ETF stock opened at $43.50 on Wednesday. The stock has a 50-day moving average price of $41.89 and a 200 day moving average price of $46.26. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week 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.
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