Spear Holdings RSC Ltd reduced its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 20.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 365,608 shares of the company’s stock after selling 94,992 shares during the quarter. iShares Bitcoin Trust ETF makes up 1.4% of Spear Holdings RSC Ltd’s investment portfolio, making the stock its 15th largest holding. Spear Holdings RSC Ltd’s holdings in iShares Bitcoin Trust ETF were worth $14,047,000 as of its most recent filing with the SEC.
A number of other large investors have also recently added to or reduced their stakes in IBIT. Bank of Nova Scotia acquired a new position in iShares Bitcoin Trust ETF during the first quarter valued at approximately $8,236,000. Walleye Capital LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 332.4% in the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after buying an additional 3,319,115 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares Bitcoin Trust ETF by 25.3% during the 1st quarter. Cetera Investment Advisers now owns 1,296,500 shares of the company’s stock worth $49,812,000 after buying an additional 262,087 shares during the period. GSG Advisors LLC grew its stake in iShares Bitcoin Trust ETF by 42.6% in the 1st quarter. GSG Advisors LLC now owns 13,378 shares of the company’s stock valued at $514,000 after buying an additional 3,997 shares during the last quarter. Finally, Cambridge Associates LLC MA ADV grew its stake in iShares Bitcoin Trust ETF by 135.4% in the 1st quarter. Cambridge Associates LLC MA ADV now owns 29,497 shares of the company’s stock valued at $1,133,000 after buying an additional 16,966 shares during the last quarter.
iShares Bitcoin Trust ETF Trading Down 1.8%
Shares of IBIT opened at $36.65 on Friday. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $71.82. The company’s fifty day moving average price is $37.54 and its 200 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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