Jupiter Wealth Management LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 17,000 shares of the company's stock, valued at approximately $614,000.
Several other institutional investors and hedge funds have also bought and sold shares of IBIT. IMC Chicago LLC purchased a new stake in iShares Bitcoin Trust in the third quarter valued at approximately $323,337,000. Bracebridge Capital LLC acquired a new stake in iShares Bitcoin Trust during the 1st quarter valued at approximately $100,639,000. D. E. Shaw & Co. Inc. boosted its holdings in shares of iShares Bitcoin Trust by 1,657.7% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company's stock valued at $90,014,000 after acquiring an additional 2,486,608 shares during the last quarter. Sculptor Capital LP increased its stake in shares of iShares Bitcoin Trust by 188.1% in the second quarter. Sculptor Capital LP now owns 3,392,812 shares of the company's stock worth $115,831,000 after acquiring an additional 2,215,107 shares during the period. Finally, Aristeia Capital L.L.C. increased its stake in shares of iShares Bitcoin Trust by 47.2% in the second quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company's stock worth $202,806,000 after acquiring an additional 1,903,644 shares during the period.
iShares Bitcoin Trust Trading Up 13.5 %
NASDAQ IBIT traded up $5.88 on Monday, reaching $49.57. 95,079,940 shares of the company's stock traded hands, compared to its average volume of 31,695,756. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $49.89. The stock has a 50 day moving average price of $36.55 and a 200-day moving average price of $36.23.
iShares Bitcoin Trust Profile
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Free Report)
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.
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