Aljian Capital Management LLC Invests $1.87 Million in iShares Bitcoin Trust ETF $IBIT

Aljian Capital Management LLC purchased a new position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 48,744 shares of the company’s stock, valued at approximately $1,873,000.

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

iShares Bitcoin Trust ETF Trading Up 0.1%

Shares of NASDAQ:IBIT opened at $36.15 on Wednesday. The company has a 50-day moving average price of $39.59 and a two-hundred day moving average price of $42.30. iShares Bitcoin Trust ETF has a twelve month low of $32.84 and a twelve month 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.