Bienville Capital Management LLC Sells 117,877 Shares of iShares Bitcoin Trust ETF $IBIT

Bienville Capital Management LLC lessened its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 78.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 33,325 shares of the company’s stock after selling 117,877 shares during the quarter. Bienville Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $1,109,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in IBIT. Mubadala Investment Co PJSC grew its stake in shares of iShares Bitcoin Trust ETF by 45.6% in the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after buying an additional 3,975,351 shares during the last quarter. Walleye Capital LLC raised its stake in iShares Bitcoin Trust ETF by 332.4% during the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock valued at $165,880,000 after buying an additional 3,319,115 shares during the last quarter. Marshall Wace LLP raised its stake in 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 buying an additional 2,402,259 shares during the last quarter. Morgan Stanley boosted its holdings in iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after acquiring an additional 2,374,482 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc boosted its holdings in iShares Bitcoin Trust ETF by 9,320.0% in the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 2,032,648 shares of the company’s stock worth $100,921,000 after acquiring an additional 2,011,070 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $44.29 on Thursday. iShares Bitcoin Trust ETF has a 12 month low of $32.84 and a 12 month high of $71.82. The stock’s fifty day moving average price is $38.73 and its 200-day moving average price is $39.58.

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.