Requisite Capital Management LLC Trims Stock Position in iShares Bitcoin Trust ETF $IBIT

Requisite Capital Management LLC reduced its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBITFree Report) by 19.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,353 shares of the company’s stock after selling 20,155 shares during the quarter. iShares Bitcoin Trust ETF makes up about 0.8% of Requisite Capital Management LLC’s holdings, making the stock its 13th biggest holding. Requisite Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IBIT. Laurore Ltd purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at $436,239,000. 59 North Capital Management LP purchased a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at $169,100,000. Consolidated Portfolio Review Corp increased its position in iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after purchasing an additional 2,134,334 shares during the period. Sculptor Capital LP increased its position in iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the period. Finally, Mariner Investment Group LLC increased its position in iShares Bitcoin Trust ETF by 142.3% during the 3rd quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock valued at $130,981,000 after purchasing an additional 1,183,414 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $44.82 on Monday. The company’s fifty day simple moving average is $41.73 and its two-hundred day simple moving average is $46.54. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month high of $71.82.

iShares Bitcoin Trust ETF Company Profile

(Free Report)

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.

Further Reading

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:IBITFree Report).

Institutional Ownership by Quarter for iShares Bitcoin Trust ETF (NASDAQ:IBIT)

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