Clare Market Investments LLC Purchases New Stake in iShares Bitcoin Trust ETF $IBIT

Clare Market Investments LLC acquired a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 85,765 shares of the company’s stock, valued at approximately $3,295,000. iShares Bitcoin Trust ETF comprises 0.7% of Clare Market Investments LLC’s investment portfolio, making the stock its 26th biggest position.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Marshall & Sterling Wealth Advisors Inc. increased its holdings in iShares Bitcoin Trust ETF by 12,500.0% during the 4th quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after purchasing an additional 500 shares during the period. Key Capital Management INC bought a new stake in iShares Bitcoin Trust ETF in the fourth quarter valued at $26,000. Vermillion & White Wealth Management Group LLC increased its position in iShares Bitcoin Trust ETF by 637.5% during the 4th quarter. Vermillion & White Wealth Management Group LLC now owns 531 shares of the company’s stock valued at $26,000 after purchasing an additional 459 shares during the period. Sfam LLC purchased a new position in iShares Bitcoin Trust ETF during the 4th quarter valued at $26,000. Finally, Anchor Investment Management LLC raised its holdings in iShares Bitcoin Trust ETF by 210.3% in the 3rd 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.

iShares Bitcoin Trust ETF Stock Down 0.7%

NASDAQ:IBIT opened at $35.85 on Tuesday. The company has a 50-day moving average price of $39.75 and a 200-day moving average price of $42.39. iShares Bitcoin Trust ETF has a 12 month low of $32.84 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.