London & Capital Asset Management Ltd Has $767,000 Stock Position in iShares Bitcoin Trust ETF $IBIT

London & Capital Asset Management Ltd cut its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 85.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,807 shares of the company’s stock after selling 67,829 shares during the quarter. London & Capital Asset Management Ltd’s holdings in iShares Bitcoin Trust ETF were worth $767,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IBIT. Capula Management Ltd boosted its stake in shares of iShares Bitcoin Trust ETF by 22.5% in the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock valued at $580,346,000 after purchasing an additional 1,739,073 shares in the last quarter. Sculptor Capital LP increased its position in iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after purchasing an additional 1,673,788 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Bitcoin Trust ETF by 1,119.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after purchasing an additional 2,953,342 shares during the last quarter. Mint Tower Capital Management B.V. boosted its position in iShares Bitcoin Trust ETF by 1,131.5% in the second quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock valued at $174,405,000 after buying an additional 2,617,925 shares in the last quarter. Finally, Harvard Management Co. Inc. acquired a new stake in iShares Bitcoin Trust ETF in the second quarter valued at approximately $116,666,000.

iShares Bitcoin Trust ETF Stock Down 2.8%

NASDAQ IBIT opened at $37.19 on Monday. The firm’s fifty day moving average price is $46.16 and its two-hundred day moving average price is $55.15. iShares Bitcoin Trust ETF has a fifty-two week low of $35.30 and a fifty-two week 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.