iShares Bitcoin Trust ETF $IBIT Shares Bought by Coatue Management LLC

Coatue Management LLC raised its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 134.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 132,640 shares of the company’s stock after purchasing an additional 76,132 shares during the period. Coatue Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $8,622,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in IBIT. Sachetta LLC grew its stake in iShares Bitcoin Trust ETF by 793.0% during the 3rd quarter. Sachetta LLC now owns 384 shares of the company’s stock worth $25,000 after buying an additional 341 shares during the last quarter. Chapman Financial Group LLC acquired a new position in iShares Bitcoin Trust ETF during the 3rd quarter valued at about $25,000. Anchor Investment Management LLC grew its position in iShares Bitcoin Trust ETF by 210.3% in the 3rd quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares during the last quarter. Roble Belko & Company Inc grew its position in iShares Bitcoin Trust ETF by 77.2% in the 3rd quarter. Roble Belko & Company Inc now owns 459 shares of the company’s stock worth $30,000 after purchasing an additional 200 shares during the last quarter. Finally, Financial Life Planners acquired a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $31,000.

iShares Bitcoin Trust ETF Stock Up 1.1%

IBIT opened at $40.37 on Friday. The business’s 50 day moving average is $44.15 and its 200-day moving average is $53.46. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82.

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.