Hrtg GPE LLC boosted its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 70.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,270,327 shares of the company’s stock after purchasing an additional 941,418 shares during the period. iShares Bitcoin Trust ETF makes up about 14.4% of Hrtg GPE LLC’s investment portfolio, making the stock its 4th biggest holding. Hrtg GPE LLC’s holdings in iShares Bitcoin Trust ETF were worth $112,722,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also recently added to or reduced their stakes in the stock. Laurore Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at about $436,239,000. 59 North Capital Management LP acquired a new stake in shares of iShares Bitcoin Trust ETF during the third quarter valued at about $169,100,000. Marshall Wace LLP grew its stake in shares of iShares Bitcoin Trust ETF by 229.8% during the fourth quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock valued at $171,181,000 after acquiring an additional 2,402,259 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares Bitcoin Trust ETF by 21.5% during the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after acquiring an additional 2,374,482 shares in the last quarter. Finally, Consolidated Portfolio Review Corp grew its stake in shares of iShares Bitcoin Trust ETF by 27,185.5% during the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after acquiring an additional 2,134,334 shares in the last quarter.
iShares Bitcoin Trust ETF Stock Performance
Shares of iShares Bitcoin Trust ETF stock opened at $36.04 on Friday. The business has a 50-day moving average of $41.79 and a 200-day moving average of $44.23. iShares Bitcoin Trust ETF has a 1-year low of $33.48 and a 1-year high of $71.82.
iShares Bitcoin Trust ETF Company 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.
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