iShares Bitcoin Trust ETF $IBIT Position Raised by Claar Advisors LLC

Claar Advisors LLC raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 232,514 shares of the company’s stock after purchasing an additional 15,520 shares during the quarter. iShares Bitcoin Trust ETF accounts for approximately 4.5% of Claar Advisors LLC’s holdings, making the stock its 5th biggest holding. Claar Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $15,113,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capula Management Ltd increased its stake in 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 worth $580,346,000 after buying an additional 1,739,073 shares during the period. Schonfeld Strategic Advisors LLC lifted its holdings in iShares Bitcoin Trust ETF by 19.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after buying an additional 1,093,183 shares in the last quarter. Sculptor Capital LP boosted its position in iShares Bitcoin Trust ETF by 59.5% in the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after buying an additional 1,673,788 shares during the period. JPMorgan Chase & Co. boosted its position 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 buying an additional 2,953,342 shares during the period. Finally, Mint Tower Capital Management B.V. grew its stake in iShares Bitcoin Trust ETF by 1,131.5% in the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after acquiring an additional 2,617,925 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ:IBIT opened at $40.37 on Friday. The firm has a 50-day simple moving average of $44.15 and a 200-day simple moving average of $53.46. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year 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.