HCR Wealth Advisors increased its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT - Free Report) by 144.8% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,975 shares of the company's stock after acquiring an additional 17,730 shares during the period. HCR Wealth Advisors' holdings in iShares Bitcoin Trust were worth $1,083,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Bracebridge Capital LLC bought a new position in shares of iShares Bitcoin Trust in the first quarter worth about $100,639,000. D. E. Shaw & Co. Inc. raised its stake in shares of iShares Bitcoin Trust by 1,657.7% in the second quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company's stock worth $90,014,000 after acquiring an additional 2,486,608 shares during the last quarter. Sculptor Capital LP raised 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 last quarter. Aristeia Capital L.L.C. raised 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 last quarter. Finally, Point72 Asset Management L.P. bought a new position in shares of iShares Bitcoin Trust in the second quarter worth about $56,965,000.
iShares Bitcoin Trust Trading Up 5.9 %
Shares of IBIT traded up $1.99 on Friday, reaching $35.94. 33,399,382 shares of the company's stock were exchanged, compared to its average volume of 30,154,400. The business has a 50 day moving average price of $34.22 and a two-hundred day moving average price of $36.07. iShares Bitcoin Trust has a 12 month low of $22.02 and a 12 month high of $41.99.
iShares Bitcoin Trust Profile
(
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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