Glaxis Capital Management LLC Cuts Position in iShares Bitcoin Trust ETF $IBIT

Glaxis Capital Management LLC decreased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 92.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,300 shares of the company’s stock after selling 54,000 shares during the quarter. Glaxis Capital Management LLC’s holdings in iShares Bitcoin Trust ETF were worth $213,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Laurore Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF during the 4th quarter valued at approximately $436,239,000. 59 North Capital Management LP acquired a new stake in shares of iShares Bitcoin Trust ETF during the 3rd quarter valued at approximately $169,100,000. Consolidated Portfolio Review Corp lifted its position in shares of iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock valued at $106,359,000 after acquiring an additional 2,134,334 shares during the period. Texas Capital Bank Wealth Management Services Inc lifted its position in shares of iShares Bitcoin Trust ETF by 9,320.0% during the 4th quarter. Texas Capital Bank Wealth Management Services Inc now owns 2,032,648 shares of the company’s stock valued at $100,921,000 after acquiring an additional 2,011,070 shares during the period. Finally, Sculptor Capital LP lifted its position in shares of iShares Bitcoin Trust ETF by 59.5% during the 2nd quarter. Sculptor Capital LP now owns 4,487,247 shares of the company’s stock valued at $274,664,000 after acquiring an additional 1,673,788 shares during the period.

iShares Bitcoin Trust ETF Trading Up 2.8%

IBIT stock opened at $36.05 on Friday. iShares Bitcoin Trust ETF has a 12-month low of $33.48 and a 12-month high of $71.82. The firm has a 50 day moving average of $41.84 and a 200-day moving average of $44.28.

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.