iShares Bitcoin Trust ETF $IBIT Shares Sold by IvyRock Asset Management HK Ltd

IvyRock Asset Management HK Ltd lowered its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 33.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 405,500 shares of the company’s stock after selling 204,600 shares during the period. iShares Bitcoin Trust ETF accounts for 11.3% of IvyRock Asset Management HK Ltd’s portfolio, making the stock its 3rd largest holding. IvyRock Asset Management HK Ltd’s holdings in iShares Bitcoin Trust ETF were worth $26,358,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of iShares Bitcoin Trust ETF by 1,119.9% in the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock worth $196,916,000 after purchasing an additional 2,953,342 shares during the period. Mint Tower Capital Management B.V. grew its holdings in iShares Bitcoin Trust ETF by 1,131.5% in the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock valued at $174,405,000 after buying an additional 2,617,925 shares during the last quarter. Harvard Management Co. Inc. acquired a new stake in iShares Bitcoin Trust ETF in the 2nd quarter valued at approximately $116,666,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $113,404,000. Finally, Capula Management Ltd lifted its holdings in shares of iShares Bitcoin Trust ETF by 22.5% during the second quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after buying an additional 1,739,073 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $39.23 on Thursday. The business has a 50 day moving average of $46.60 and a 200-day moving average of $55.68. iShares Bitcoin Trust ETF has a 1-year low of $35.30 and a 1-year high of $71.82.

iShares Bitcoin Trust ETF Company Profile

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.