iShares Bitcoin Trust ETF $IBIT Shares Acquired by Engineers Gate Manager LP

Engineers Gate Manager LP raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 188.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 721,796 shares of the company’s stock after acquiring an additional 471,740 shares during the period. Engineers Gate Manager LP owned 0.05% of iShares Bitcoin Trust ETF worth $35,837,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in iShares Bitcoin Trust ETF in the fourth quarter valued at approximately $711,000. Concentrum Wealth Management raised its holdings in shares of iShares Bitcoin Trust ETF by 16.8% during the third quarter. Concentrum Wealth Management now owns 133,870 shares of the company’s stock valued at $8,702,000 after buying an additional 19,269 shares during the last quarter. Procyon Advisors LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 920.1% during the fourth quarter. Procyon Advisors LLC now owns 227,604 shares of the company’s stock valued at $11,301,000 after buying an additional 205,292 shares during the last quarter. Step Capital Management Pte. Ltd. bought a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $3,724,000. Finally, Columbus Macro LLC raised its holdings in shares of iShares Bitcoin Trust ETF by 77.0% during the fourth quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock valued at $1,630,000 after buying an additional 14,284 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Down 2.2%

IBIT opened at $36.36 on Thursday. The business’s 50 day moving average is $41.71 and its 200-day moving average is $43.90. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month high of $71.82.

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.