Axiom Advisory LLC lifted its stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 536.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 399,773 shares of the company's stock after acquiring an additional 336,953 shares during the period. Axiom Advisory LLC owned 0.11% of iShares Bitcoin Trust worth $13,882,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bracebridge Capital LLC purchased a new position in iShares Bitcoin Trust in the first quarter worth approximately $100,639,000. D. E. Shaw & Co. Inc. increased its position in shares of iShares Bitcoin Trust by 1,657.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company's stock worth $90,014,000 after purchasing an additional 2,486,608 shares during the last quarter. Sculptor Capital LP raised its holdings in iShares Bitcoin Trust by 188.1% in the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company's stock valued at $115,831,000 after buying an additional 2,215,107 shares during the period. Aristeia Capital L.L.C. lifted its position in 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 valued at $202,806,000 after buying an additional 1,903,644 shares during the last quarter. Finally, Point72 Asset Management L.P. purchased a new position in iShares Bitcoin Trust during the second quarter worth about $56,965,000.
iShares Bitcoin Trust Stock Down 1.8 %
NASDAQ:IBIT traded down $0.66 during trading hours on Tuesday, reaching $35.40. 24,852,404 shares of the stock were exchanged, compared to its average volume of 30,222,035. iShares Bitcoin Trust has a twelve month low of $22.02 and a twelve month high of $41.99. The business has a 50-day moving average of $34.31 and a two-hundred day moving average of $36.13.
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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