Forte Asset Management LLC Has $4.86 Million Stock Position in iShares Bitcoin Trust ETF $IBIT

Forte Asset Management LLC increased its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 70.2% during the fourth quarter, HoldingsChannel reports. The fund owned 97,923 shares of the company’s stock after acquiring an additional 40,394 shares during the quarter. iShares Bitcoin Trust ETF makes up about 2.2% of Forte Asset Management LLC’s portfolio, making the stock its 17th biggest holding. Forte Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $4,862,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. 59 North Capital Management LP bought a new stake in shares of iShares Bitcoin Trust ETF in the third quarter valued at about $169,100,000. Capula Management Ltd increased its stake in iShares Bitcoin Trust ETF by 22.5% during the second quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock valued at $580,346,000 after acquiring an additional 1,739,073 shares during the period. Sculptor Capital LP increased its stake in iShares Bitcoin Trust ETF by 59.5% during the second 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 period. Mariner Investment Group LLC raised its holdings in iShares Bitcoin Trust ETF by 142.3% in the 3rd quarter. Mariner Investment Group LLC now owns 2,015,094 shares of the company’s stock valued at $130,981,000 after acquiring an additional 1,183,414 shares in the last quarter. Finally, Verde Servicos Internacionais S.A. raised its holdings in iShares Bitcoin Trust ETF by 167.4% in the 3rd quarter. Verde Servicos Internacionais S.A. now owns 1,813,449 shares of the company’s stock valued at $117,874,000 after acquiring an additional 1,135,290 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 1.7%

Shares of IBIT stock opened at $37.97 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The stock has a 50 day moving average of $40.48 and a two-hundred day moving average of $51.19.

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.