14,144 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Strategic Advisory Partners LLC

Strategic Advisory Partners LLC acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 14,144 shares of the company’s stock, valued at approximately $702,000. iShares Bitcoin Trust ETF comprises 0.6% of Strategic Advisory Partners LLC’s portfolio, making the stock its 15th biggest holding.

A number of other hedge funds also recently bought and sold shares of the company. Morgan Stanley lifted 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 worth $667,329,000 after purchasing an additional 2,374,482 shares during the period. Mubadala Investment Co PJSC boosted its holdings in shares of iShares Bitcoin Trust ETF by 45.6% in the fourth 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 last quarter. Laurore Ltd bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $436,239,000. Al Warda Investments RSC Ltd grew its position in iShares Bitcoin Trust ETF by 3.2% during the fourth quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after buying an additional 255,319 shares during the period. Finally, Schonfeld Strategic Advisors LLC grew its position in iShares Bitcoin Trust ETF by 19.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after buying an additional 1,093,183 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82. The firm’s 50 day simple moving average is $41.54 and its two-hundred day simple moving average is $43.73.

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.