Capital Advisors Ltd. LLC Purchases New Holdings in iShares Bitcoin Trust ETF $IBIT

Capital Advisors Ltd. LLC purchased a new position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, Holdings Channel reports. The institutional investor purchased 213,456 shares of the company’s stock, valued at approximately $8,201,000. iShares Bitcoin Trust ETF comprises 0.9% of Capital Advisors Ltd. LLC’s holdings, making the stock its 25th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley grew 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 valued at $667,329,000 after purchasing an additional 2,374,482 shares during the period. Mubadala Investment Co PJSC raised its stake in shares of iShares Bitcoin Trust ETF by 45.6% during the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares during the period. Laurore Ltd purchased a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth about $436,239,000. Al Warda Investments RSC Ltd boosted its holdings in shares of iShares Bitcoin Trust ETF by 3.2% in the 4th quarter. Al Warda Investments RSC Ltd now owns 8,218,712 shares of the company’s stock worth $408,059,000 after buying an additional 255,319 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in shares of iShares Bitcoin Trust ETF by 19.2% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 6,782,398 shares of the company’s stock worth $440,856,000 after buying an additional 1,093,183 shares during the last quarter.

iShares Bitcoin Trust ETF Stock Performance

IBIT opened at $35.62 on Monday. iShares Bitcoin Trust ETF has a fifty-two week low of $33.48 and a fifty-two week high of $71.82. The firm has a 50-day moving average of $41.54 and a 200 day moving average of $43.69.

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.