iShares Bitcoin Trust ETF (NASDAQ:IBIT) Holdings Decreased by Clare Market Investments LLC

Clare Market Investments LLC decreased its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 168,178 shares of the company’s stock after selling 6,125 shares during the quarter. iShares Bitcoin Trust ETF accounts for approximately 2.1% of Clare Market Investments LLC’s holdings, making the stock its 11th biggest position. Clare Market Investments LLC’s holdings in iShares Bitcoin Trust ETF were worth $7,872,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of IBIT. Millennium Management LLC grew its stake in iShares Bitcoin Trust ETF by 27.0% in the fourth quarter. Millennium Management LLC now owns 29,850,198 shares of the company’s stock valued at $1,583,553,000 after purchasing an additional 6,352,197 shares in the last quarter. Brevan Howard Capital Management LP purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at about $1,385,364,000. Symmetry Investments LP grew its stake in iShares Bitcoin Trust ETF by 3,605.8% in the fourth quarter. Symmetry Investments LP now owns 12,678,808 shares of the company’s stock valued at $672,611,000 after purchasing an additional 12,336,673 shares in the last quarter. D. E. Shaw & Co. Inc. grew its stake in iShares Bitcoin Trust ETF by 344.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company’s stock valued at $512,857,000 after purchasing an additional 7,494,123 shares in the last quarter. Finally, Capula Management Ltd grew its stake in iShares Bitcoin Trust ETF by 8.7% in the fourth quarter. Capula Management Ltd now owns 9,268,886 shares of the company’s stock valued at $491,714,000 after purchasing an additional 743,930 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $59.64 on Thursday. The business’s 50-day moving average price is $53.92 and its two-hundred day moving average price is $53.92. iShares Bitcoin Trust ETF has a one year low of $28.23 and a one year high of $63.70.

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.