Wilmington Savings Fund Society FSB Boosts Stock Position in iShares Bitcoin Trust ETF $IBIT

Wilmington Savings Fund Society FSB raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 646.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,510 shares of the company’s stock after purchasing an additional 18,628 shares during the period. Wilmington Savings Fund Society FSB’s holdings in iShares Bitcoin Trust ETF were worth $1,398,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capula Management Ltd grew its position in shares of iShares Bitcoin Trust ETF by 22.5% in the second quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock valued at $580,346,000 after purchasing an additional 1,739,073 shares during the period. Sculptor Capital LP raised its holdings in 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 valued at $274,664,000 after buying an additional 1,673,788 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Bitcoin Trust ETF by 1,119.9% during the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after buying an additional 2,953,342 shares in the last quarter. Mint Tower Capital Management B.V. grew its stake in 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 buying an additional 2,617,925 shares during the period. Finally, Harvard Management Co. Inc. acquired a new position in shares of iShares Bitcoin Trust ETF during the 2nd quarter valued at $116,666,000.

iShares Bitcoin Trust ETF Trading Up 0.4%

Shares of NASDAQ IBIT opened at $54.24 on Monday. iShares Bitcoin Trust ETF has a 12-month low of $42.98 and a 12-month high of $71.82. The stock has a fifty day moving average price of $51.59 and a 200 day moving average price of $60.07.

About iShares Bitcoin Trust ETF

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.