IPG Investment Advisors LLC Acquires 15,971 Shares of iShares Bitcoin Trust ETF $IBIT

IPG Investment Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 106,359 shares of the company’s stock after purchasing an additional 15,971 shares during the period. iShares Bitcoin Trust ETF comprises 0.9% of IPG Investment Advisors LLC’s portfolio, making the stock its 28th biggest holding. IPG Investment Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IBIT. Laurore Ltd bought a new position in iShares Bitcoin Trust ETF during the fourth quarter worth about $436,239,000. 59 North Capital Management LP bought a new position in iShares Bitcoin Trust ETF during the third quarter worth about $169,100,000. Consolidated Portfolio Review Corp lifted its stake in iShares Bitcoin Trust ETF by 27,185.5% during the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after purchasing an additional 2,134,334 shares during the period. Texas Capital Bank Wealth Management Services Inc lifted its stake in iShares Bitcoin Trust ETF by 9,320.0% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 2,032,648 shares of the company’s stock worth $100,921,000 after purchasing an additional 2,011,070 shares during the period. Finally, Sculptor Capital LP raised its stake in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after acquiring an additional 1,673,788 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Down 1.3%

NASDAQ:IBIT opened at $42.45 on Thursday. iShares Bitcoin Trust ETF has a 1 year low of $35.30 and a 1 year high of $71.82. The firm has a 50 day moving average of $42.25 and a 200-day moving average of $45.57.

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.