NEOS Investment Management LLC Takes Position in iShares Bitcoin Trust ETF $IBIT

NEOS Investment Management LLC bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 146,050 shares of the company’s stock, valued at approximately $9,493,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IBIT. StoneX Group Inc. increased its position in shares of iShares Bitcoin Trust ETF by 41.2% during the second quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock valued at $4,347,000 after acquiring an additional 20,755 shares during the last quarter. Caprock Group LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $1,536,000. Kingstone Capital Partners Texas LLC increased its holdings in iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock valued at $4,220,000 after purchasing an additional 21,815 shares during the last quarter. Finer Wealth Management Inc. increased its holdings in iShares Bitcoin Trust ETF by 136.2% in the 2nd quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock valued at $2,428,000 after purchasing an additional 22,872 shares during the last quarter. Finally, Calamos Wealth Management LLC raised its position in iShares Bitcoin Trust ETF by 81.0% in the third quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock valued at $3,202,000 after purchasing an additional 22,045 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $38.39 on Wednesday. iShares Bitcoin Trust ETF has a 52 week low of $35.30 and a 52 week high of $71.82. The stock’s fifty day moving average is $48.13 and its two-hundred day moving average is $56.79.

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.