iShares Bitcoin Trust ETF $IBIT Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 6.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 477,809 shares of the company’s stock after buying an additional 30,805 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $18,357,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IBIT. Laurore Ltd purchased a new stake in iShares Bitcoin Trust ETF in the 4th quarter worth approximately $436,239,000. Mubadala Investment Co PJSC lifted its stake in shares of iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares during the period. Walleye Capital LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 332.4% during the 1st quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after purchasing an additional 3,319,115 shares during the period. Marshall Wace LLP boosted its holdings in shares of iShares Bitcoin Trust ETF by 229.8% during the fourth quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after purchasing an additional 2,402,259 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of iShares Bitcoin Trust ETF by 21.5% during the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after purchasing an additional 2,374,482 shares during the last quarter.

iShares Bitcoin Trust ETF Trading Up 0.8%

iShares Bitcoin Trust ETF stock opened at $36.80 on Friday. The stock has a fifty day moving average price of $36.05 and a 200 day moving average price of $39.99. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $71.82.

iShares Bitcoin Trust ETF 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.