NEOS Investment Management LLC increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) by 55.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 5,424,563 shares of the company’s stock after buying an additional 1,933,888 shares during the quarter. iShares Bitcoin Trust ETF comprises about 0.7% of NEOS Investment Management LLC’s holdings, making the stock its 26th biggest position. NEOS Investment Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $180,584,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $711,000. Bison Wealth LLC acquired a new position in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $3,140,000. Royal Bank of Canada raised its holdings in iShares Bitcoin Trust ETF by 3.6% during the first quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock worth $2,898,000 after purchasing an additional 2,148 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares Bitcoin Trust ETF by 427.2% during the first quarter. Jones Financial Companies Lllp now owns 2,172 shares of the company’s stock worth $102,000 after purchasing an additional 1,760 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in iShares Bitcoin Trust ETF during the second quarter worth approximately $357,000.
iShares Bitcoin Trust ETF Stock Performance
IBIT opened at $46.35 on Friday. The business has a 50 day moving average price of $37.85 and a two-hundred day moving average price of $39.40. iShares Bitcoin Trust ETF has a 1-year low of $32.84 and a 1-year 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.
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Want to see what other hedge funds are holding IBIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report).
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