Gainplan LLC Grows Stock Position in iShares Bitcoin Trust ETF $IBIT

Gainplan LLC increased its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 322.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,748 shares of the company’s stock after acquiring an additional 60,877 shares during the period. iShares Bitcoin Trust ETF comprises about 1.0% of Gainplan LLC’s holdings, making the stock its 14th largest holding. Gainplan LLC’s holdings in iShares Bitcoin Trust ETF were worth $2,655,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Morgan Stanley increased its stake in iShares Bitcoin Trust ETF by 21.5% in the 4th 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 period. Mubadala Investment Co PJSC lifted its position in 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 purchasing an additional 3,975,351 shares during the last quarter. Laurore Ltd purchased a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $436,239,000. Al Warda Investments RSC Ltd boosted its stake in shares of iShares Bitcoin Trust ETF by 3.2% during the fourth quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock valued at $408,059,000 after purchasing an additional 255,319 shares during the period. Finally, Schonfeld Strategic Advisors LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 19.2% during the third quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock valued at $440,856,000 after purchasing an additional 1,093,183 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $36.74 on Thursday. iShares Bitcoin Trust ETF has a 52-week low of $32.84 and a 52-week high of $71.82. The company’s 50 day moving average price is $36.25 and its 200-day moving average price is $40.14.

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.