Pureheart Capital Pte Ltd. Purchases Shares of 186,000 iShares Bitcoin Trust ETF $IBIT

Pureheart Capital Pte Ltd. purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 186,000 shares of the company’s stock, valued at approximately $11,385,000. iShares Bitcoin Trust ETF accounts for 1.9% of Pureheart Capital Pte Ltd.’s portfolio, making the stock its 7th largest holding.

Several other hedge funds have also recently bought and sold shares of IBIT. Capula Management Ltd raised its stake in shares of iShares Bitcoin Trust ETF by 22.5% in the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock valued at $580,346,000 after acquiring an additional 1,739,073 shares during the period. Mubadala Investment Co PJSC increased its holdings in iShares Bitcoin Trust ETF by 6.0% during the 1st quarter. Mubadala Investment Co PJSC now owns 8,726,972 shares of the company’s stock worth $408,510,000 after purchasing an additional 491,439 shares during the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 2nd quarter valued at approximately $408,082,000. Sculptor Capital LP boosted its stake in shares of iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after buying an additional 1,673,788 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in 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 acquiring an additional 2,953,342 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ IBIT opened at $51.20 on Monday. The stock’s 50 day moving average price is $57.78 and its two-hundred day moving average price is $61.72. iShares Bitcoin Trust ETF has a 52-week low of $42.98 and a 52-week high of $71.82.

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.