Macquarie Group Ltd. Boosts Stake in iShares Bitcoin Trust ETF $IBIT

Macquarie Group Ltd. lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 16.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,126,143 shares of the company’s stock after acquiring an additional 721,351 shares during the quarter. iShares Bitcoin Trust ETF accounts for approximately 1.1% of Macquarie Group Ltd.’s investment portfolio, making the stock its 12th biggest holding. Macquarie Group Ltd. owned approximately 0.38% of iShares Bitcoin Trust ETF worth $254,513,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Gerber Kawasaki Wealth & Investment Management boosted its stake in shares of iShares Bitcoin Trust ETF by 13.5% during the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 77,416 shares of the company’s stock worth $3,845,000 after acquiring an additional 9,217 shares in the last quarter. Circle Wealth Management LLC raised its position in shares of iShares Bitcoin Trust ETF by 24.2% during the 4th quarter. Circle Wealth Management LLC now owns 28,610 shares of the company’s stock worth $1,420,000 after purchasing an additional 5,578 shares during the last quarter. Quadrant Capital Group LLC raised its position in shares of iShares Bitcoin Trust ETF by 45.1% during the 4th quarter. Quadrant Capital Group LLC now owns 4,719 shares of the company’s stock worth $234,000 after purchasing an additional 1,467 shares during the last quarter. Gould Capital LLC raised its position in shares of iShares Bitcoin Trust ETF by 6.7% during the 4th quarter. Gould Capital LLC now owns 17,559 shares of the company’s stock worth $872,000 after purchasing an additional 1,103 shares during the last quarter. Finally, Empire Financial Management Company LLC raised its position in shares of iShares Bitcoin Trust ETF by 9.4% during the 4th quarter. Empire Financial Management Company LLC now owns 4,079 shares of the company’s stock worth $203,000 after purchasing an additional 350 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $36.04 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month high of $71.82. The company has a 50-day moving average price of $41.79 and a 200 day moving average price of $44.23.

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.