LMR Partners LLP lifted its stake in iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 350.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 630,000 shares of the company's stock after purchasing an additional 490,000 shares during the period. LMR Partners LLP owned approximately 0.10% of iShares Bitcoin Trust worth $22,762,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in IBIT. Glass Jacobson Investment Advisors llc acquired a new position in shares of iShares Bitcoin Trust during the 2nd quarter worth $26,000. Asset Dedication LLC increased its holdings in iShares Bitcoin Trust by 52.4% during the 3rd quarter. Asset Dedication LLC now owns 811 shares of the company's stock valued at $29,000 after acquiring an additional 279 shares in the last quarter. Creekmur Asset Management LLC acquired a new position in iShares Bitcoin Trust during the first quarter worth about $30,000. International Assets Investment Management LLC purchased a new stake in shares of iShares Bitcoin Trust in the second quarter valued at about $31,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares Bitcoin Trust in the second quarter valued at approximately $36,000.
iShares Bitcoin Trust Trading Down 1.8 %
Shares of IBIT traded down $0.94 during mid-day trading on Monday, reaching $51.19. 40,387,645 shares of the company's stock were exchanged, compared to its average volume of 32,496,273. iShares Bitcoin Trust has a 52-week low of $22.02 and a 52-week high of $53.26. The company has a 50-day simple moving average of $38.39 and a two-hundred day simple moving average of $36.78.
About iShares Bitcoin Trust
(
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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