Bleakley Financial Group LLC grew its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 13.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 422,164 shares of the company’s stock after purchasing an additional 51,178 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $20,960,000 as of its most recent SEC filing.
Other hedge funds have also recently bought and sold shares of the company. Laurore Ltd purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $436,239,000. Schonfeld Strategic Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after buying an additional 1,093,183 shares during the last quarter. Sculptor Capital LP boosted its holdings in shares of iShares Bitcoin Trust ETF by 59.5% in the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after buying an additional 1,673,788 shares during the last quarter. 59 North Capital Management LP purchased a new position in shares of iShares Bitcoin Trust ETF in the 3rd quarter worth about $169,100,000. Finally, Crcm LP boosted its holdings in shares of iShares Bitcoin Trust ETF by 37.7% in the 3rd quarter. Crcm LP now owns 2,214,074 shares of the company’s stock worth $143,915,000 after buying an additional 605,992 shares during the last quarter.
iShares Bitcoin Trust ETF Price Performance
Shares of NASDAQ:IBIT opened at $42.96 on Tuesday. The company’s 50-day moving average is $42.19 and its 200 day moving average is $45.79. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82.
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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