Clare Market Investments LLC Grows Position in iShares Bitcoin Trust ETF $IBIT

Clare Market Investments LLC raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 33.8% during the third quarter, HoldingsChannel reports. The fund owned 187,600 shares of the company’s stock after buying an additional 47,387 shares during the period. iShares Bitcoin Trust ETF comprises approximately 2.4% of Clare Market Investments LLC’s holdings, making the stock its 9th largest position. Clare Market Investments LLC’s holdings in iShares Bitcoin Trust ETF were worth $12,194,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IBIT. McIlrath & Eck LLC grew its position in iShares Bitcoin Trust ETF by 30.3% during the 2nd quarter. McIlrath & Eck LLC now owns 701 shares of the company’s stock valued at $43,000 after purchasing an additional 163 shares during the last quarter. Vivaldi Capital Management LP lifted its stake in shares of iShares Bitcoin Trust ETF by 3.3% in the second quarter. Vivaldi Capital Management LP now owns 5,138 shares of the company’s stock worth $314,000 after buying an additional 163 shares in the last quarter. Howard Capital Management Group LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 0.6% in the third quarter. Howard Capital Management Group LLC now owns 25,690 shares of the company’s stock worth $1,670,000 after buying an additional 165 shares in the last quarter. Encompass Wealth Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 2.2% during the third quarter. Encompass Wealth Advisors LLC now owns 7,660 shares of the company’s stock valued at $498,000 after buying an additional 165 shares during the last quarter. Finally, Thoroughbred Financial Services LLC increased its position in shares of iShares Bitcoin Trust ETF by 3.3% during the third quarter. Thoroughbred Financial Services LLC now owns 5,323 shares of the company’s stock valued at $345,000 after acquiring an additional 172 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $37.19 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82. The company has a 50 day moving average of $46.16 and a 200 day moving average of $55.35.

iShares Bitcoin Trust ETF 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.