Spear Holdings RSC Ltd purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 460,600 shares of the company’s stock, valued at approximately $22,869,000. iShares Bitcoin Trust ETF accounts for about 4.0% of Spear Holdings RSC Ltd’s portfolio, making the stock its 8th largest holding.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in iShares Bitcoin Trust ETF during the fourth quarter worth $711,000. Bison Wealth LLC acquired a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter valued at $3,140,000. Royal Bank of Canada lifted its stake in shares of iShares Bitcoin Trust ETF by 3.6% in the 1st quarter. Royal Bank of Canada now owns 61,926 shares of the company’s stock valued at $2,898,000 after purchasing an additional 2,148 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares Bitcoin Trust ETF by 427.2% during the 1st 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 during the period. Finally, Sivia Capital Partners LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth $357,000.
iShares Bitcoin Trust ETF Price Performance
Shares of NASDAQ:IBIT opened at $44.82 on Friday. The business has a 50-day moving average price of $41.73 and a 200 day moving average price of $46.67. iShares Bitcoin Trust ETF has a 12-month low of $35.30 and a 12-month 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.
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