Unique Wealth LLC increased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT – Free Report) by 18.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,573 shares of the company’s stock after purchasing an additional 2,263 shares during the quarter. Unique Wealth LLC’s holdings in iShares Bitcoin Trust were worth $527,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Aristeia Capital L.L.C. increased its holdings in shares of iShares Bitcoin Trust by 47.2% in the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after buying an additional 1,903,644 shares in the last quarter. Sculptor Capital LP grew its holdings in shares of iShares Bitcoin Trust by 188.1% in the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock worth $115,831,000 after acquiring an additional 2,215,107 shares during the last quarter. D. E. Shaw & Co. Inc. grew its holdings in shares of iShares Bitcoin Trust by 1,657.7% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock worth $90,014,000 after acquiring an additional 2,486,608 shares during the last quarter. Bracebridge Capital LLC acquired a new stake in shares of iShares Bitcoin Trust during the first quarter worth $100,639,000. Finally, Point72 Asset Management L.P. purchased a new stake in shares of iShares Bitcoin Trust during the second quarter valued at $56,965,000.
iShares Bitcoin Trust Trading Up 1.4 %
NASDAQ:IBIT opened at $34.72 on Friday. The stock has a fifty day simple moving average of $34.46 and a 200 day simple moving average of $36.18. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $41.99.
iShares Bitcoin Trust 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.
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