Cora Capital Advisors LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 36,199 shares of the company’s stock, valued at approximately $1,391,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McIlrath & Eck LLC boosted its position in iShares Bitcoin Trust ETF by 30.3% in the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after buying an additional 163 shares during the period. Vivaldi Capital Management LP increased its position in shares of iShares Bitcoin Trust ETF by 3.3% during the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after acquiring an additional 163 shares during the period. Thoroughbred Financial Services LLC increased its position in shares of iShares Bitcoin Trust ETF by 3.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock worth $345,000 after acquiring an additional 172 shares during the period. Consolidated Portfolio Review Corp raised its stake in shares of iShares Bitcoin Trust ETF by 2.3% during the third quarter. Consolidated Portfolio Review Corp now owns 7,851 shares of the company’s stock valued at $510,000 after acquiring an additional 174 shares in the last quarter. Finally, Gilbert & Cook Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 2.5% during the fourth quarter. Gilbert & Cook Inc. now owns 7,931 shares of the company’s stock valued at $394,000 after acquiring an additional 196 shares in the last quarter.
iShares Bitcoin Trust ETF Trading Down 3.3%
Shares of NASDAQ IBIT opened at $35.31 on Wednesday. The stock has a 50 day moving average price of $41.33 and a 200 day moving average price of $43.46. iShares Bitcoin Trust ETF has a 52-week low of $33.48 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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