iShares Bitcoin Trust ETF $IBIT Shares Bought by Engineers Gate Manager LP

Engineers Gate Manager LP grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 188.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 721,796 shares of the company’s stock after purchasing an additional 471,740 shares during the period. Engineers Gate Manager LP’s holdings in iShares Bitcoin Trust ETF were worth $35,837,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBIT. Laurore Ltd bought a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth approximately $436,239,000. Mubadala Investment Co PJSC raised its holdings in iShares Bitcoin Trust ETF by 45.6% during the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares in the last quarter. 59 North Capital Management LP bought a new stake in iShares Bitcoin Trust ETF during the third quarter worth approximately $169,100,000. Marshall Wace LLP raised its holdings in iShares Bitcoin Trust ETF by 229.8% during the fourth quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after purchasing an additional 2,402,259 shares in the last quarter. Finally, Morgan Stanley raised its holdings in iShares Bitcoin Trust ETF by 21.5% during the fourth 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 in the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $36.36 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $33.48 and a 12 month high of $71.82. The stock’s 50 day moving average price is $41.71 and its 200 day moving average price is $43.90.

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.