Integrated Advisors Network LLC Acquires 19,623 Shares of iShares Bitcoin Trust ETF $IBIT

Integrated Advisors Network LLC lifted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 49.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 59,353 shares of the company’s stock after buying an additional 19,623 shares during the period. Integrated Advisors Network LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,858,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. JPMorgan Chase & Co. grew its position in iShares Bitcoin Trust ETF by 1,119.9% in the second 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. boosted its stake in shares of iShares Bitcoin Trust ETF by 1,131.5% in the 2nd 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 in the last quarter. Harvard Management Co. Inc. bought a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $116,666,000. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new position in iShares Bitcoin Trust ETF during the 2nd quarter worth approximately $113,404,000. Finally, Capula Management Ltd increased its position in 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 purchasing an additional 1,739,073 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $37.19 on Friday. The company’s 50 day moving average price is $46.16 and its two-hundred day moving average price is $55.35. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week high of $71.82.

About iShares Bitcoin Trust ETF

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.