Crcm LP Has $143.92 Million Stock Position in iShares Bitcoin Trust ETF $IBIT

Crcm LP boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 37.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,214,074 shares of the company’s stock after acquiring an additional 605,992 shares during the period. iShares Bitcoin Trust ETF accounts for about 38.4% of Crcm LP’s investment portfolio, making the stock its largest holding. Crcm LP owned about 0.16% of iShares Bitcoin Trust ETF worth $143,915,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IBIT. Laffer Tengler Investments Inc. bought a new position in shares of iShares Bitcoin Trust ETF during the third quarter valued at approximately $333,000. Planning Alternatives Ltd. ADV increased its position in iShares Bitcoin Trust ETF by 61.5% during the 3rd quarter. Planning Alternatives Ltd. ADV now owns 23,400 shares of the company’s stock valued at $1,521,000 after buying an additional 8,911 shares in the last quarter. JMG Financial Group Ltd. increased its position in iShares Bitcoin Trust ETF by 66.5% during the 3rd quarter. JMG Financial Group Ltd. now owns 8,326 shares of the company’s stock valued at $541,000 after buying an additional 3,324 shares in the last quarter. Bellwether Advisors LLC raised its stake in iShares Bitcoin Trust ETF by 1.5% during the third quarter. Bellwether Advisors LLC now owns 26,669 shares of the company’s stock valued at $1,733,000 after buying an additional 386 shares during the last quarter. Finally, Fox Hill Wealth Management boosted its holdings in iShares Bitcoin Trust ETF by 17.4% in the third quarter. Fox Hill Wealth Management now owns 3,838 shares of the company’s stock worth $249,000 after acquiring an additional 570 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $41.44 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The stock’s fifty day moving average price is $45.56 and its 200-day moving average price is $54.67.

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.