iShares Bitcoin Trust ETF $IBIT Stake Lifted by Mariner Investment Group LLC

Mariner Investment Group LLC raised its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,146,536 shares of the company’s stock after purchasing an additional 131,442 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 6.2% of Mariner Investment Group LLC’s portfolio, making the stock its 5th largest holding. Mariner Investment Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $106,576,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in IBIT. Brighton Jones LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $711,000. Concentrum Wealth Management lifted its stake in shares of iShares Bitcoin Trust ETF by 16.8% in the third quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after purchasing an additional 19,269 shares during the period. Procyon Advisors LLC boosted its holdings in iShares Bitcoin Trust ETF by 920.1% during the fourth quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock worth $11,301,000 after buying an additional 205,292 shares in the last quarter. Step Capital Management Pte. Ltd. purchased a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth about $3,724,000. Finally, Columbus Macro LLC grew its position in iShares Bitcoin Trust ETF by 77.0% during the fourth quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock worth $1,630,000 after buying an additional 14,284 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month high of $71.82. The firm’s 50-day moving average is $41.64 and its two-hundred day moving average is $43.78.

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.