Edmond DE Rothschild Holding S.A. Sells 117,150 Shares of iShares Bitcoin Trust ETF $IBIT

Edmond DE Rothschild Holding S.A. lowered its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 98.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,290 shares of the company’s stock after selling 117,150 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in iShares Bitcoin Trust ETF were worth $60,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its holdings in shares of iShares Bitcoin Trust ETF by 80.3% during the first quarter. Goldman Sachs Group Inc. now owns 30,831,854 shares of the company’s stock valued at $1,443,239,000 after acquiring an additional 13,731,993 shares in the last quarter. Mubadala Investment Co PJSC bought a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at about $436,895,000. Millennium Management LLC lifted its position in iShares Bitcoin Trust ETF by 27.0% in the 4th quarter. Millennium Management LLC now owns 29,850,198 shares of the company’s stock valued at $1,583,553,000 after acquiring an additional 6,352,197 shares in the last quarter. BSN CAPITAL PARTNERS Ltd purchased a new position in shares of iShares Bitcoin Trust ETF during the first quarter valued at approximately $133,168,000. Finally, Senator Investment Group LP purchased a new position in iShares Bitcoin Trust ETF during the 1st quarter worth $59,215,000.

iShares Bitcoin Trust ETF Stock Up 1.7%

Shares of IBIT stock opened at $63.42 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $30.24 and a 52-week high of $69.89. The company has a 50-day simple moving average of $65.00 and a two-hundred day simple moving average of $57.60.

iShares Bitcoin Trust ETF 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.