IPG Investment Advisors LLC grew its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 17.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 106,359 shares of the company’s stock after acquiring an additional 15,971 shares during the period. iShares Bitcoin Trust ETF accounts for 0.9% of IPG Investment Advisors LLC’s portfolio, making the stock its 28th largest holding. IPG Investment Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,281,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the company. Laurore Ltd bought a new position in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $436,239,000. Schonfeld Strategic Advisors LLC raised its stake in shares of iShares Bitcoin Trust ETF by 19.2% in the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after acquiring an additional 1,093,183 shares during the last quarter. Sculptor Capital LP raised its stake in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after acquiring an additional 1,673,788 shares during the last quarter. 59 North Capital Management LP bought a new position in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $169,100,000. Finally, Crcm LP raised its stake in shares of iShares Bitcoin Trust ETF by 37.7% in the third quarter. Crcm LP now owns 2,214,074 shares of the company’s stock valued at $143,915,000 after acquiring an additional 605,992 shares during the last quarter.
iShares Bitcoin Trust ETF Price Performance
Shares of iShares Bitcoin Trust ETF stock opened at $42.45 on Thursday. The firm has a 50 day simple moving average of $42.25 and a 200 day simple moving average of $45.57. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82.
About iShares Bitcoin Trust ETF
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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