SG Americas Securities LLC Has $12.09 Million Holdings in iShares Bitcoin Trust ETF $IBIT

SG Americas Securities LLC increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3,041.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 314,596 shares of the company’s stock after buying an additional 304,582 shares during the period. SG Americas Securities LLC’s holdings in iShares Bitcoin Trust ETF were worth $12,087,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Laurore Ltd acquired a new position in iShares Bitcoin Trust ETF in the 4th quarter valued at $436,239,000. Mubadala Investment Co PJSC increased its position in shares of 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 worth $630,670,000 after purchasing an additional 3,975,351 shares during the period. 59 North Capital Management LP bought a new position in shares of iShares Bitcoin Trust ETF in the third quarter worth $169,100,000. Marshall Wace LLP raised its stake in iShares Bitcoin Trust ETF by 229.8% in the fourth quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock valued at $171,181,000 after purchasing an additional 2,402,259 shares in the last quarter. Finally, Morgan Stanley raised its stake in iShares Bitcoin Trust ETF by 21.5% in the fourth 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 in the last quarter.

iShares Bitcoin Trust ETF Trading Up 1.0%

Shares of iShares Bitcoin Trust ETF stock opened at $33.85 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82. The firm’s 50-day moving average price is $40.83 and its two-hundred day moving average price is $43.15.

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.