Clare Market Investments LLC Buys Shares of 85,765 iShares Bitcoin Trust ETF $IBIT

Clare Market Investments LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 85,765 shares of the company’s stock, valued at approximately $3,295,000. iShares Bitcoin Trust ETF makes up approximately 0.7% of Clare Market Investments LLC’s holdings, making the stock its 26th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Morgan Stanley grew its position 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 worth $667,329,000 after acquiring an additional 2,374,482 shares in the last quarter. Mubadala Investment Co PJSC raised its stake in shares of iShares Bitcoin Trust ETF by 45.6% during the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after acquiring an additional 3,975,351 shares in the last quarter. Laurore Ltd bought a new stake in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $436,239,000. Al Warda Investments RSC Ltd boosted its stake 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 valued at $408,059,000 after purchasing an additional 255,319 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC boosted its stake 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 valued at $440,856,000 after purchasing an additional 1,093,183 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Down 0.7%

IBIT stock opened at $35.85 on Tuesday. The firm’s fifty day moving average is $39.75 and its 200 day moving average is $42.39. iShares Bitcoin Trust ETF has a 52 week low of $32.84 and a 52 week high of $71.82.

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.