Claar Advisors LLC Buys 15,520 Shares of iShares Bitcoin Trust ETF $IBIT

Claar Advisors LLC lifted its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 7.2% in the third quarter, Holdings Channel reports. The firm owned 232,514 shares of the company’s stock after buying an additional 15,520 shares during the period. iShares Bitcoin Trust ETF accounts for about 4.5% of Claar Advisors LLC’s investment portfolio, making the stock its 5th largest position. Claar Advisors LLC’s holdings in iShares Bitcoin Trust ETF were worth $15,113,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Capula Management Ltd boosted its holdings in iShares Bitcoin Trust ETF by 22.5% in the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after buying an additional 1,739,073 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its position in shares of iShares Bitcoin Trust ETF by 19.2% in the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after acquiring an additional 1,093,183 shares in the last quarter. Sculptor Capital LP boosted its stake in shares of iShares Bitcoin Trust ETF by 59.5% in the second quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock worth $274,664,000 after acquiring an additional 1,673,788 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares Bitcoin Trust ETF by 1,119.9% in the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock worth $196,916,000 after acquiring an additional 2,953,342 shares during the last quarter. Finally, Mint Tower Capital Management B.V. increased its position in shares of iShares Bitcoin Trust ETF by 1,131.5% during the second quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after purchasing an additional 2,617,925 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

NASDAQ IBIT opened at $40.37 on Friday. The business has a fifty day moving average price of $44.15 and a 200 day moving average price of $53.46. iShares Bitcoin Trust ETF has a one year low of $35.30 and a one year 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.