Audent Global Asset Management LLC Cuts Position in iShares Bitcoin Trust ETF $IBIT

Audent Global Asset Management LLC lowered its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 15.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 82,175 shares of the company’s stock after selling 14,818 shares during the period. iShares Bitcoin Trust ETF accounts for about 3.3% of Audent Global Asset Management LLC’s investment portfolio, making the stock its 8th largest holding. Audent Global Asset Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $3,157,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IBIT. Laurore Ltd purchased a new position in iShares Bitcoin Trust ETF in the fourth quarter worth about $436,239,000. Mubadala Investment Co PJSC lifted its position in 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 valued at $630,670,000 after purchasing an additional 3,975,351 shares in the last quarter. Marshall Wace LLP grew its stake in shares of iShares Bitcoin Trust ETF by 229.8% during 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. Morgan Stanley raised its position in shares of iShares Bitcoin Trust ETF by 21.5% during 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. Finally, Consolidated Portfolio Review Corp boosted its stake in shares of iShares Bitcoin Trust ETF by 27,185.5% in the fourth quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after acquiring an additional 2,134,334 shares during the period.

iShares Bitcoin Trust ETF Trading Down 0.1%

iShares Bitcoin Trust ETF stock opened at $36.35 on Friday. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82. The firm’s 50 day moving average price is $38.24 and its 200-day moving average price is $41.60.

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.