iShares Bitcoin Trust ETF $IBIT Shares Bought by Addison Capital Co

Addison Capital Co grew its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 134.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 207,327 shares of the company’s stock after buying an additional 118,784 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 4.0% of Addison Capital Co’s investment portfolio, making the stock its 5th biggest holding. Addison Capital Co’s holdings in iShares Bitcoin Trust ETF were worth $13,476,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IBIT. Capula Management Ltd boosted its holdings 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 worth $580,346,000 after buying an additional 1,739,073 shares in the last quarter. Sculptor Capital LP increased 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 in the last quarter. JPMorgan Chase & Co. raised its position 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 period. Mint Tower Capital Management B.V. boosted its stake in shares of iShares Bitcoin Trust ETF by 1,131.5% during the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock worth $174,405,000 after acquiring an additional 2,617,925 shares in the last quarter. Finally, Harvard Management Co. Inc. purchased a new stake in shares of iShares Bitcoin Trust ETF during the 2nd quarter worth about $116,666,000.

iShares Bitcoin Trust ETF Stock Performance

Shares of iShares Bitcoin Trust ETF stock opened at $50.51 on Thursday. iShares Bitcoin Trust ETF has a twelve month low of $42.98 and a twelve month high of $71.82. The business has a 50-day moving average price of $50.94 and a 200 day moving average price of $59.41.

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.