Trek Financial LLC Purchases 9,902 Shares of iShares Bitcoin Trust ETF $IBIT

Trek Financial LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 174,685 shares of the company’s stock after buying an additional 9,902 shares during the period. Trek Financial LLC’s holdings in iShares Bitcoin Trust ETF were worth $11,355,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of iShares Bitcoin Trust ETF by 1,119.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after acquiring an additional 2,953,342 shares during the last quarter. Mint Tower Capital Management B.V. lifted its position in iShares Bitcoin Trust ETF by 1,131.5% during the second quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock valued at $174,405,000 after purchasing an additional 2,617,925 shares during the last quarter. Harvard Management Co. Inc. purchased a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $116,666,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth $113,404,000. Finally, Capula Management Ltd lifted its holdings in shares of iShares Bitcoin Trust ETF by 22.5% during the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after acquiring an additional 1,739,073 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Up 0.1%

IBIT traded up $0.03 during trading on Friday, reaching $50.70. The stock had a trading volume of 47,922,556 shares, compared to its average volume of 56,934,043. The business has a 50-day moving average of $51.04 and a 200-day moving average of $59.74. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one year 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.