PBCay One RSC Ltd lessened its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 20.6% in the first quarter, Holdings Channel.com reports. The fund owned 365,609 shares of the company’s stock after selling 94,991 shares during the quarter. iShares Bitcoin Trust ETF comprises about 1.0% of PBCay One RSC Ltd’s holdings, making the stock its 15th biggest position. PBCay One RSC Ltd’s holdings in iShares Bitcoin Trust ETF were worth $14,047,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the stock. Morgan Stanley raised its position in shares of iShares Bitcoin Trust ETF by 21.5% during the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after purchasing an additional 2,374,482 shares during the period. Mubadala Investment Co PJSC boosted its position in shares of iShares Bitcoin Trust ETF by 45.6% in the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after purchasing an additional 3,975,351 shares during the period. Laurore Ltd purchased a new position in iShares Bitcoin Trust ETF in the 4th quarter worth about $436,239,000. Al Warda Investments RSC Ltd increased its stake in iShares Bitcoin Trust ETF by 3.2% in the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock worth $408,059,000 after purchasing an additional 255,319 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its holdings in iShares Bitcoin Trust ETF by 19.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after buying an additional 1,093,183 shares during the period.
iShares Bitcoin Trust ETF Stock Performance
NASDAQ IBIT opened at $36.65 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The stock’s 50-day moving average price is $37.54 and its two-hundred day moving average price is $41.18.
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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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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