Scotia Capital Inc. Has $13.03 Million Holdings in iShares Bitcoin Trust ETF $IBIT

Scotia Capital Inc. boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 15.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 212,793 shares of the company’s stock after acquiring an additional 28,971 shares during the period. Scotia Capital Inc.’s holdings in iShares Bitcoin Trust ETF were worth $13,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. grew its position in shares of 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 purchasing an additional 13,731,993 shares during the period. Mubadala Investment Co PJSC lifted its stake in iShares Bitcoin Trust ETF by 6.0% in the first quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock valued at $408,510,000 after buying an additional 491,439 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in iShares Bitcoin Trust ETF in the second quarter valued at approximately $408,082,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares Bitcoin Trust ETF by 1,119.9% in the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after buying an additional 2,953,342 shares during the period. Finally, Crcm LP increased its position in shares of iShares Bitcoin Trust ETF by 4.7% during the first quarter. Crcm LP now owns 3,154,810 shares of the company’s stock worth $147,677,000 after acquiring an additional 142,685 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Up 1.0%

IBIT opened at $51.55 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $42.98 and a 12 month high of $71.82. The firm’s fifty day simple moving average is $60.47 and its 200 day simple moving average is $62.34.

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.