iShares Bitcoin Trust ETF $IBIT is Mariner Investment Group LLC’s 5th Largest Position

Mariner Investment Group LLC lifted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,146,536 shares of the company’s stock after purchasing an additional 131,442 shares during the period. iShares Bitcoin Trust ETF makes up 6.2% of Mariner Investment Group LLC’s holdings, making the stock its 5th biggest holding. Mariner Investment Group LLC owned approximately 0.16% of iShares Bitcoin Trust ETF worth $106,576,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Chapman Financial Group LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the third quarter worth $25,000. Marshall & Sterling Wealth Advisors Inc. raised its stake in shares of iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after acquiring an additional 500 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter valued at $26,000. Vermillion & White Wealth Management Group LLC boosted its holdings in iShares Bitcoin Trust ETF by 637.5% in the fourth quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares during the period. Finally, Sfam LLC acquired a new position in iShares Bitcoin Trust ETF during the 4th quarter worth $26,000.

iShares Bitcoin Trust ETF Price Performance

Shares of NASDAQ IBIT opened at $35.62 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $33.48 and a 52-week high of $71.82. The business has a 50-day moving average price of $41.64 and a 200 day moving average price of $43.78.

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.