8,786,279 Shares in iShares Bitcoin Trust ETF $IBIT Purchased by Laurore Ltd

Laurore Ltd acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,786,279 shares of the company’s stock, valued at approximately $436,239,000. iShares Bitcoin Trust ETF accounts for approximately 100.0% of Laurore Ltd’s investment portfolio, making the stock its biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IBIT. 59 North Capital Management LP purchased a new stake in iShares Bitcoin Trust ETF in the 3rd quarter worth about $169,100,000. Consolidated Portfolio Review Corp raised its position in iShares Bitcoin Trust ETF by 27,185.5% in the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after purchasing an additional 2,134,334 shares during the period. Sculptor Capital LP raised its position in 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 purchasing an additional 1,673,788 shares during the period. Mariner Investment Group LLC raised its position in iShares Bitcoin Trust ETF by 142.3% in the 3rd quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock worth $130,981,000 after purchasing an additional 1,183,414 shares during the period. Finally, Verde Servicos Internacionais S.A. raised its position in iShares Bitcoin Trust ETF by 167.4% in the 3rd quarter. Verde Servicos Internacionais S.A. now owns 1,813,449 shares of the company’s stock worth $117,874,000 after purchasing an additional 1,135,290 shares during the period.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $42.51 on Wednesday. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82. The company’s 50-day moving average is $39.63 and its 200 day moving average is $48.80.

iShares Bitcoin Trust ETF Company 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.