Gateway Wealth Partners LLC lessened its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 75.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,177 shares of the company’s stock after selling 37,483 shares during the quarter. Gateway Wealth Partners LLC’s holdings in iShares Bitcoin Trust ETF were worth $405,000 at the end of the most recent reporting period.
A number of other large investors also recently added to or reduced their stakes in IBIT. Morgan Stanley lifted its holdings in 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 purchasing an additional 2,374,482 shares in the last quarter. Mubadala Investment Co PJSC increased its stake in shares of iShares Bitcoin Trust ETF by 45.6% during the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares in the last quarter. Laurore Ltd purchased a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth about $436,239,000. Al Warda Investments RSC Ltd increased its stake in shares of iShares Bitcoin Trust ETF by 3.2% during the fourth quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock worth $408,059,000 after purchasing an additional 255,319 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC raised its position in shares of iShares Bitcoin Trust ETF by 19.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after purchasing an additional 1,093,183 shares during the last quarter.
iShares Bitcoin Trust ETF Stock Performance
IBIT opened at $35.63 on Friday. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month high of $71.82. The company has a 50-day moving average price of $35.88 and a 200 day moving average price of $39.45.
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.
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