Wit LLC acquired a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 80,970 shares of the company’s stock, valued at approximately $4,020,000. iShares Bitcoin Trust ETF comprises about 0.1% of Wit LLC’s holdings, making the stock its 18th biggest holding.
Several other hedge funds and other institutional investors have also recently modified their holdings of IBIT. Laurore Ltd bought a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at about $436,239,000. 59 North Capital Management LP bought a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at about $169,100,000. Marshall Wace LLP raised its stake in shares of 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 valued at $171,181,000 after acquiring an additional 2,402,259 shares during the last quarter. Morgan Stanley raised its stake in shares of iShares Bitcoin Trust ETF by 21.5% during the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after acquiring an additional 2,374,482 shares during the last quarter. Finally, Consolidated Portfolio Review Corp raised its stake in shares of iShares Bitcoin Trust ETF by 27,185.5% during the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after acquiring an additional 2,134,334 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Down 1.5%
Shares of NASDAQ:IBIT opened at $37.17 on Wednesday. The company has a 50-day moving average price of $41.77 and a 200-day moving average price of $44.00. iShares Bitcoin Trust ETF has a 12 month low of $33.48 and a 12 month high of $71.82.
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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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