Integrated Capital Management LLC Invests $271,000 in iShares Bitcoin Trust ETF $IBIT

Integrated Capital Management LLC acquired a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 4,093 shares of the company’s stock, valued at approximately $271,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Goldman Sachs Group Inc. boosted its position in shares of iShares Bitcoin Trust ETF by 80.3% during the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock worth $1,443,239,000 after buying an additional 13,731,993 shares during the period. Mubadala Investment Co PJSC boosted its position in shares of iShares Bitcoin Trust ETF by 6.0% during the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock worth $408,510,000 after buying an additional 491,439 shares during the period. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the second quarter worth approximately $408,082,000. Crcm LP boosted its position in shares of iShares Bitcoin Trust ETF by 4.7% during the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock worth $147,677,000 after buying an additional 142,685 shares during the period. Finally, BSN CAPITAL PARTNERS Ltd acquired a new stake in iShares Bitcoin Trust ETF in the first quarter worth approximately $133,168,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $69.81 on Friday. iShares Bitcoin Trust ETF has a 1-year low of $33.47 and a 1-year high of $70.53. The business has a 50 day moving average price of $65.10 and a two-hundred day moving average price of $59.82.

iShares Bitcoin Trust ETF 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.