K.J. Harrison & Partners Inc Lowers Stock Holdings in iShares Bitcoin Trust ETF $IBIT

K.J. Harrison & Partners Inc lowered its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 86.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,628 shares of the company’s stock after selling 30,600 shares during the period. K.J. Harrison & Partners Inc’s holdings in iShares Bitcoin Trust ETF were worth $230,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in IBIT. Laurore Ltd purchased a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at $436,239,000. 59 North Capital Management LP purchased a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at $169,100,000. Consolidated Portfolio Review Corp grew its position in shares of iShares Bitcoin Trust ETF by 27,185.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after purchasing an additional 2,134,334 shares during the period. Sculptor Capital LP grew its position in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after purchasing an additional 1,673,788 shares during the period. Finally, Mariner Investment Group LLC grew its position in shares of iShares Bitcoin Trust ETF by 142.3% in the third quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock valued at $130,981,000 after purchasing an additional 1,183,414 shares during the period.

iShares Bitcoin Trust ETF Price Performance

IBIT stock opened at $45.40 on Friday. The stock has a 50-day moving average price of $40.93 and a two-hundred day moving average price of $47.28. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.