8,958 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Levin Capital Strategies L.P.

Levin Capital Strategies L.P. purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,958 shares of the company’s stock, valued at approximately $548,000.

Several other hedge funds also recently bought and sold shares of IBIT. Goldman Sachs Group Inc. grew its holdings in shares of iShares Bitcoin Trust ETF by 80.3% in the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock worth $1,443,239,000 after purchasing an additional 13,731,993 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the second quarter valued at approximately $408,082,000. BSN CAPITAL PARTNERS Ltd bought a new position in iShares Bitcoin Trust ETF in the first quarter worth approximately $133,168,000. Senator Investment Group LP purchased a new position in iShares Bitcoin Trust ETF during the 1st quarter worth $59,215,000. Finally, Mariner Investment Group LLC purchased a new position in iShares Bitcoin Trust ETF during the 2nd quarter worth $50,907,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $60.53 on Tuesday. iShares Bitcoin Trust ETF has a 1-year low of $38.17 and a 1-year high of $71.82. The business has a 50-day moving average price of $64.36 and a 200 day moving average price of $62.48.

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.