Al Warda Investments RSC Ltd Boosts Stock Holdings in iShares Bitcoin Trust ETF $IBIT

Al Warda Investments RSC Ltd raised its stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 3.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 8,218,712 shares of the company’s stock after acquiring an additional 255,319 shares during the quarter. iShares Bitcoin Trust ETF comprises 100.0% of Al Warda Investments RSC Ltd’s portfolio, making the stock its biggest holding. Al Warda Investments RSC Ltd’s holdings in iShares Bitcoin Trust ETF were worth $408,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of IBIT. Chapman Financial Group LLC bought a new position in iShares Bitcoin Trust ETF during the third quarter valued at about $25,000. Marshall & Sterling Wealth Advisors Inc. raised its holdings in iShares Bitcoin Trust ETF by 12,500.0% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 504 shares of the company’s stock valued at $25,000 after buying an additional 500 shares in the last quarter. Key Capital Management INC bought a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at about $26,000. Sfam LLC bought a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at about $26,000. Finally, Anchor Investment Management LLC raised its holdings in iShares Bitcoin Trust ETF by 210.3% during the third quarter. Anchor Investment Management LLC now owns 450 shares of the company’s stock valued at $29,000 after buying an additional 305 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $37.17 on Wednesday. iShares Bitcoin Trust ETF has a fifty-two week low of $33.48 and a fifty-two week high of $71.82. The stock’s 50-day moving average is $41.77 and its two-hundred day moving average is $44.00.

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.