Paradiem LLC Buys New Holdings in iShares Bitcoin Trust ETF $IBIT

Paradiem LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 27,512 shares of the company’s stock, valued at approximately $1,057,000.

Other large investors have also bought and sold shares of the company. Morgan Stanley grew its holdings in shares of iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after purchasing an additional 2,374,482 shares during the last quarter. Mubadala Investment Co PJSC raised its holdings in iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after buying an additional 3,975,351 shares during the last quarter. Laurore Ltd purchased a new stake in iShares Bitcoin Trust ETF during the 4th quarter valued at $436,239,000. Al Warda Investments RSC Ltd grew its holdings in iShares Bitcoin Trust ETF by 3.2% in the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock worth $408,059,000 after acquiring an additional 255,319 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC grew its holdings in iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after acquiring an additional 1,093,183 shares during the last quarter.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ:IBIT opened at $36.23 on Monday. The company has a 50-day moving average price of $39.14 and a 200-day moving average price of $42.01. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82.

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.