Kestra Advisory Services LLC grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 13.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 307,657 shares of the company’s stock after acquiring an additional 37,092 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Bitcoin Trust ETF were worth $11,820,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Laurore Ltd acquired a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $436,239,000. Mubadala Investment Co PJSC lifted its stake in iShares Bitcoin Trust ETF by 45.6% in the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after buying an additional 3,975,351 shares during the period. 59 North Capital Management LP bought a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $169,100,000. Marshall Wace LLP boosted its holdings in shares of iShares Bitcoin Trust ETF by 229.8% during the 4th quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after buying an additional 2,402,259 shares in the last quarter. Finally, Morgan Stanley grew its position in shares of iShares Bitcoin Trust ETF by 21.5% during the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after buying an additional 2,374,482 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ:IBIT opened at $36.23 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The company has a fifty day moving average of $39.14 and a 200-day moving average of $42.01.
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.
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