iShares Bitcoin Trust ETF $IBIT is Parkwood LLC’s 8th Largest Position

Parkwood LLC reduced its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 12.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 370,000 shares of the company’s stock after selling 52,072 shares during the period. iShares Bitcoin Trust ETF makes up approximately 2.0% of Parkwood LLC’s investment portfolio, making the stock its 8th biggest holding. Parkwood LLC’s holdings in iShares Bitcoin Trust ETF were worth $22,648,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new stake in iShares Bitcoin Trust ETF during the 2nd quarter worth about $408,082,000. JPMorgan Chase & Co. raised its stake in shares of iShares Bitcoin Trust ETF by 1,119.9% in the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock worth $196,916,000 after purchasing an additional 2,953,342 shares during the last quarter. BSN CAPITAL PARTNERS Ltd purchased a new position in shares of iShares Bitcoin Trust ETF in the first quarter worth about $133,168,000. Mint Tower Capital Management B.V. lifted its holdings in shares of iShares Bitcoin Trust ETF by 1,131.5% during the second quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after purchasing an additional 2,617,925 shares during the period. Finally, Harvard Management Co. Inc. acquired a new stake in shares of iShares Bitcoin Trust ETF during the second quarter worth about $116,666,000.

iShares Bitcoin Trust ETF Trading Down 0.7%

Shares of NASDAQ IBIT opened at $52.10 on Friday. The business’s 50 day moving average price is $58.15 and its 200 day moving average price is $61.79. iShares Bitcoin Trust ETF has a 52 week low of $42.98 and a 52 week high of $71.82.

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.