480,990 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Himension Capital Singapore PTE. LTD.

Himension Capital Singapore PTE. LTD. acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the first quarter, Holdings Channel reports. The firm acquired 480,990 shares of the company’s stock, valued at approximately $18,480,000. iShares Bitcoin Trust ETF accounts for 1.4% of Himension Capital Singapore PTE. LTD.’s holdings, making the stock its 13th largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of IBIT. Brighton Jones LLC acquired a new position in iShares Bitcoin Trust ETF during the 4th quarter worth about $711,000. Bison Wealth LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at about $3,140,000. Royal Bank of Canada increased its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after buying an additional 2,148 shares during the period. Jones Financial Companies Lllp raised its position in shares of iShares Bitcoin Trust ETF by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after acquiring an additional 1,760 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of iShares Bitcoin Trust ETF during the second quarter worth about $357,000.

iShares Bitcoin Trust ETF Stock Up 2.1%

iShares Bitcoin Trust ETF stock opened at $37.67 on Wednesday. The stock’s 50 day moving average is $37.88 and its 200 day moving average is $41.37. iShares Bitcoin Trust ETF has a one year low of $32.84 and a one year high of $71.82.

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.