Glaxis Capital Management LLC Takes $814,000 Position in iShares Bitcoin Trust ETF $IBIT

Glaxis Capital Management LLC acquired a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the second quarter, Holdings Channel reports. The firm acquired 13,300 shares of the company’s stock, valued at approximately $814,000. iShares Bitcoin Trust ETF makes up approximately 1.1% of Glaxis Capital Management LLC’s holdings, making the stock its 27th biggest holding.

Several other large investors have also bought and sold shares of the company. Goldman Sachs Group Inc. lifted its holdings in iShares Bitcoin Trust ETF by 80.3% in the 1st 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 during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of iShares Bitcoin Trust ETF in the 2nd quarter worth approximately $408,082,000. BSN CAPITAL PARTNERS Ltd bought a new stake in shares of iShares Bitcoin Trust ETF in the 1st quarter worth approximately $133,168,000. Trivest Advisors Ltd acquired a new stake in iShares Bitcoin Trust ETF during the second quarter valued at approximately $90,456,000. Finally, Senator Investment Group LP bought a new stake in iShares Bitcoin Trust ETF during the first quarter worth approximately $59,215,000.

iShares Bitcoin Trust ETF Stock Performance

iShares Bitcoin Trust ETF stock opened at $53.47 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year high of $71.82. The firm’s 50 day moving average price is $63.39 and its two-hundred day moving average price is $62.67.

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.