Ameraudi Asset Management Inc. Takes Position in iShares Bitcoin Trust ETF (NASDAQ:IBIT)

Ameraudi Asset Management Inc. purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 11,532 shares of the company’s stock, valued at approximately $540,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brevan Howard Capital Management LP acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $1,385,364,000. Symmetry Investments LP raised its stake in shares of iShares Bitcoin Trust ETF by 3,605.8% during the fourth quarter. Symmetry Investments LP now owns 12,678,808 shares of the company’s stock valued at $672,611,000 after acquiring an additional 12,336,673 shares during the last quarter. Mubadala Investment Co PJSC acquired a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $436,895,000. D. E. Shaw & Co. Inc. grew its stake in shares of iShares Bitcoin Trust ETF by 344.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 9,667,431 shares of the company’s stock worth $512,857,000 after purchasing an additional 7,494,123 shares during the last quarter. Finally, Jericho Capital Asset Management L.P. bought a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth $378,140,000.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $66.36 on Monday. iShares Bitcoin Trust ETF has a twelve month low of $28.23 and a twelve month high of $69.46. The stock has a fifty day simple moving average of $62.27 and a 200 day simple moving average of $55.84.

About iShares Bitcoin Trust ETF

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.