iShares Bitcoin Trust ETF $IBIT Shares Acquired by Deltec Asset Management LLC

Deltec Asset Management LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 353.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,650 shares of the company’s stock after purchasing an additional 41,051 shares during the period. Deltec Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,223,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IBIT. Goldman Sachs Group Inc. lifted its stake in iShares Bitcoin Trust ETF by 80.3% during the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after purchasing an additional 13,731,993 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the second quarter valued at approximately $408,082,000. BSN CAPITAL PARTNERS Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF during the first quarter valued at approximately $133,168,000. Senator Investment Group LP acquired a new stake in shares of iShares Bitcoin Trust ETF during the first quarter valued at approximately $59,215,000. Finally, Mariner Investment Group LLC acquired a new stake in shares of iShares Bitcoin Trust ETF during the second quarter valued at approximately $50,907,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT stock opened at $65.00 on Wednesday. iShares Bitcoin Trust ETF has a 52-week low of $33.47 and a 52-week high of $69.89. The company’s 50 day simple moving average is $65.02 and its 200-day simple moving average is $59.39.

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.