Vontobel Holding Ltd. boosted its stake in Iris Energy Limited (NASDAQ:IREN – Free Report) by 123.1% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,322 shares of the company’s stock after buying an additional 27,212 shares during the period. Vontobel Holding Ltd.’s holdings in Iris Energy were worth $416,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in IREN. D1 Capital Partners L.P. acquired a new position in Iris Energy during the second quarter worth about $17,319,000. Hood River Capital Management LLC acquired a new position in shares of Iris Energy in the 2nd quarter valued at about $13,618,000. Marshall Wace LLP lifted its position in Iris Energy by 33.6% in the 2nd quarter. Marshall Wace LLP now owns 3,811,780 shares of the company’s stock worth $43,035,000 after buying an additional 958,494 shares in the last quarter. Bank of Montreal Can acquired a new stake in Iris Energy during the second quarter valued at $9,969,000. Finally, Vident Advisory LLC lifted its holdings in shares of Iris Energy by 58.0% during the 1st quarter. Vident Advisory LLC now owns 1,954,998 shares of the company’s stock valued at $10,557,000 after buying an additional 717,843 shares during the last quarter. Institutional investors and hedge funds own 41.08% of the company’s stock.
Iris Energy Stock Performance
IREN stock opened at $9.28 on Wednesday. The company has a 50 day moving average price of $8.04 and a 200 day moving average price of $8.52. Iris Energy Limited has a fifty-two week low of $2.79 and a fifty-two week high of $15.75.
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Iris Energy Profile
Iris Energy Limited owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.
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