Upper Left Wealth Management LLC Buys 38,466 Shares of iShares Bitcoin Trust ETF $IBIT

Upper Left Wealth Management LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 34.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 151,374 shares of the company’s stock after acquiring an additional 38,466 shares during the quarter. iShares Bitcoin Trust ETF makes up about 3.4% of Upper Left Wealth Management LLC’s portfolio, making the stock its 9th largest position. Upper Left Wealth Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,816,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Morgan Stanley grew its stake in shares of iShares Bitcoin Trust ETF by 21.5% in the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after buying an additional 2,374,482 shares during the period. Mubadala Investment Co PJSC raised its stake in iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after buying an additional 3,975,351 shares during the period. Laurore Ltd acquired a new position in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $436,239,000. Al Warda Investments RSC Ltd boosted its holdings in iShares Bitcoin Trust ETF by 3.2% in the fourth quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock worth $408,059,000 after acquiring an additional 255,319 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in iShares Bitcoin Trust ETF by 19.2% in the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after acquiring an additional 1,093,183 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of iShares Bitcoin Trust ETF stock opened at $35.62 on Monday. iShares Bitcoin Trust ETF has a 52 week low of $33.48 and a 52 week high of $71.82. The stock has a 50 day moving average price of $41.54 and a two-hundred day moving average price of $43.69.

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.