Grant Street Asset Management Inc. Purchases 1,348 Shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Grant Street Asset Management Inc. raised its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 11.6% during the 1st quarter, Holdings Channel.com reports. The fund owned 13,004 shares of the company’s stock after acquiring an additional 1,348 shares during the period. Grant Street Asset Management Inc.’s holdings in iShares Bitcoin Trust ETF were worth $609,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. RWQ Financial Management Services Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 2,069.2% during the 4th quarter. RWQ Financial Management Services Inc. now owns 169,194 shares of the company’s stock worth $8,976,000 after purchasing an additional 161,394 shares during the period. Orvieto Partners L.P. bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $796,000. Scotia Capital Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 27.7% during the 4th quarter. Scotia Capital Inc. now owns 63,885 shares of the company’s stock worth $3,389,000 after purchasing an additional 13,847 shares during the period. Ancient Art L.P. bought a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter worth $7,109,000. Finally, JBF Capital Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 18.8% during the 4th quarter. JBF Capital Inc. now owns 247,000 shares of the company’s stock worth $13,103,000 after purchasing an additional 39,000 shares during the period.

iShares Bitcoin Trust ETF Trading Up 1.4%

NASDAQ IBIT opened at $68.18 on Tuesday. iShares Bitcoin Trust ETF has a one year low of $28.23 and a one year high of $69.46. The business’s fifty day moving average is $60.57 and its 200-day moving average is $55.05.

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.