Jackson Square Capital LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 82,516 shares of the company’s stock, valued at approximately $3,906,000.
Several other hedge funds have also recently added to or reduced their stakes in the company. NEOS Investment Management LLC lifted its stake in iShares Bitcoin Trust ETF by 55.4% in the second quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock worth $180,584,000 after acquiring an additional 1,933,888 shares during the last quarter. Walleye Capital LLC increased its position in shares of iShares Bitcoin Trust ETF by 332.4% in the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after purchasing an additional 3,319,115 shares during the last quarter. Pine Ridge Advisers LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 0.7% in the 1st quarter. Pine Ridge Advisers LLC now owns 2,243,827 shares of the company’s stock valued at $86,208,000 after purchasing an additional 16,447 shares in the last quarter. SigFig Wealth Management LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 3rd quarter valued at $73,942,000. Finally, Wealthfront Advisers LLC lifted its position in shares of iShares Bitcoin Trust ETF by 20.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 1,760,650 shares of the company’s stock worth $58,612,000 after purchasing an additional 300,119 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Performance
Shares of IBIT stock traded up $0.17 on Monday, reaching $46.32. 16,576,108 shares of the stock were exchanged, compared to its average volume of 51,855,105. The business’s 50 day moving average price is $44.27 and its 200 day moving average price is $40.96. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $65.97.
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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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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