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

Modus Advisors LLC grew its holdings in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 99.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 117,516 shares of the company’s stock after purchasing an additional 58,456 shares during the quarter. iShares Bitcoin Trust ETF makes up about 1.5% of Modus Advisors LLC’s portfolio, making the stock its 20th biggest holding. Modus Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $5,835,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IBIT. Laurore Ltd acquired a new stake in iShares Bitcoin Trust ETF during the 4th quarter worth $436,239,000. 59 North Capital Management LP acquired a new position in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at about $169,100,000. Consolidated Portfolio Review Corp boosted its position in shares of iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after acquiring an additional 2,134,334 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc boosted its position in shares of iShares Bitcoin Trust ETF by 9,320.0% during the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 2,032,648 shares of the company’s stock valued at $100,921,000 after acquiring an additional 2,011,070 shares during the last quarter. Finally, Sculptor Capital LP boosted its position in shares of iShares Bitcoin Trust ETF by 59.5% during the 2nd 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 Price Performance

Shares of IBIT stock opened at $34.14 on Friday. The company’s 50-day moving average price is $42.04 and its 200-day moving average price is $44.74. iShares Bitcoin Trust ETF has a twelve month low of $33.48 and a twelve month 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.