1,193,390 Shares in iShares Bitcoin Trust ETF $IBIT Bought by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd bought a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 2nd quarter, Holdings Channel.com reports. The firm bought 1,193,390 shares of the company’s stock, valued at approximately $73,047,000. iShares Bitcoin Trust ETF makes up about 22.8% of NINE MASTS CAPITAL Ltd’s holdings, making the stock its largest position.

Other institutional investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in shares of iShares Bitcoin Trust ETF by 80.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock worth $1,443,239,000 after acquiring an additional 13,731,993 shares in the last quarter. Mubadala Investment Co PJSC lifted its holdings in iShares Bitcoin Trust ETF by 6.0% in the 1st quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock worth $408,510,000 after purchasing an additional 491,439 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in iShares Bitcoin Trust ETF during the second quarter worth approximately $408,082,000. JPMorgan Chase & Co. grew its holdings in iShares Bitcoin Trust ETF by 1,119.9% during the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after purchasing an additional 2,953,342 shares during the last quarter. Finally, Crcm LP raised its position in shares of iShares Bitcoin Trust ETF by 4.7% in the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock valued at $147,677,000 after purchasing an additional 142,685 shares during the period.

iShares Bitcoin Trust ETF Stock Up 3.0%

NASDAQ IBIT opened at $51.03 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year high of $71.82. The company has a fifty day simple moving average of $60.74 and a 200 day simple moving average of $62.38.

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.