Compound Planning Inc. Buys 17,502 Shares of iShares Bitcoin Trust ETF $IBIT

Compound Planning Inc. raised its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 16.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 125,229 shares of the company’s stock after acquiring an additional 17,502 shares during the quarter. Compound Planning Inc.’s holdings in iShares Bitcoin Trust ETF were worth $4,811,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Morgan Stanley increased its position in iShares Bitcoin Trust ETF by 21.5% in the fourth quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after buying an additional 2,374,482 shares during the last quarter. Mubadala Investment Co PJSC raised its stake in shares of iShares Bitcoin Trust ETF by 45.6% in the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock valued at $630,670,000 after buying an additional 3,975,351 shares during the period. Laurore Ltd purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at $436,239,000. Al Warda Investments RSC Ltd lifted its position in shares of iShares Bitcoin Trust ETF by 3.2% during the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after buying an additional 255,319 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC grew its stake in shares of iShares Bitcoin Trust ETF by 19.2% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after acquiring an additional 1,093,183 shares during the period.

iShares Bitcoin Trust ETF Price Performance

Shares of IBIT opened at $36.65 on Friday. The business has a 50-day moving average of $37.54 and a 200 day moving average of $41.18. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week 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.