iShares Bitcoin Trust ETF $IBIT is IvyRock Asset Management HK Ltd’s 4th Largest Position

IvyRock Asset Management HK Ltd trimmed its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 38.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 248,900 shares of the company’s stock after selling 156,600 shares during the quarter. iShares Bitcoin Trust ETF accounts for 6.5% of IvyRock Asset Management HK Ltd’s portfolio, making the stock its 4th largest position. IvyRock Asset Management HK Ltd’s holdings in iShares Bitcoin Trust ETF were worth $12,358,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC purchased a new stake in shares of iShares Bitcoin Trust ETF in the third quarter worth approximately $25,000. Marshall & Sterling Wealth Advisors Inc. lifted its position in shares of iShares Bitcoin Trust ETF by 12,500.0% in the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock worth $25,000 after purchasing an additional 500 shares in the last quarter. Key Capital Management INC purchased a new stake in shares of iShares Bitcoin Trust ETF in the fourth quarter worth approximately $26,000. Anchor Investment Management LLC lifted its position in shares of iShares Bitcoin Trust ETF by 210.3% in the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock worth $29,000 after purchasing an additional 305 shares in the last quarter. Finally, Financial Life Planners purchased a new stake in shares of iShares Bitcoin Trust ETF in the third quarter worth approximately $31,000.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $36.02 on Friday. iShares Bitcoin Trust ETF has a 52-week low of $35.30 and a 52-week high of $71.82. The company has a 50 day simple moving average of $42.16 and a 200-day simple moving average of $44.82.

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.