iShares Bitcoin Trust ETF $IBIT Position Reduced by Mint Tower Capital Management B.V.

Mint Tower Capital Management B.V. trimmed its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 90.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,400 shares of the company’s stock after selling 2,410,135 shares during the quarter. iShares Bitcoin Trust ETF makes up 1.5% of Mint Tower Capital Management B.V.’s investment portfolio, making the stock its 10th largest position. Mint Tower Capital Management B.V.’s holdings in iShares Bitcoin Trust ETF were worth $12,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Laurore Ltd bought a new position in iShares Bitcoin Trust ETF during the 4th quarter worth approximately $436,239,000. Schonfeld Strategic Advisors LLC grew its position in 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 acquiring an additional 1,093,183 shares during the last quarter. Sculptor Capital LP grew its position in iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after acquiring an additional 1,673,788 shares during the last quarter. LPL Financial LLC grew its position in iShares Bitcoin Trust ETF by 20.2% during the 4th quarter. LPL Financial LLC now owns 2,979,325 shares of the company’s stock worth $147,923,000 after acquiring an additional 500,120 shares during the last quarter. Finally, 59 North Capital Management LP bought a new position in iShares Bitcoin Trust ETF during the 3rd quarter worth approximately $169,100,000.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $36.05 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $33.48 and a 1 year high of $71.82. The stock’s 50 day simple moving average is $41.84 and its 200 day simple moving average is $44.28.

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.