iShares Bitcoin Trust ETF $IBIT is All Stars Investment Ltd’s 2nd Largest Position

All Stars Investment Ltd reduced its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 31.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 341,000 shares of the company’s stock after selling 160,000 shares during the period. iShares Bitcoin Trust ETF makes up 6.8% of All Stars Investment Ltd’s holdings, making the stock its 2nd biggest position. All Stars Investment Ltd’s holdings in iShares Bitcoin Trust ETF were worth $22,165,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. StoneX Group Inc. grew its holdings in shares of iShares Bitcoin Trust ETF by 41.2% during the 2nd quarter. StoneX Group Inc. now owns 71,076 shares of the company’s stock worth $4,347,000 after purchasing an additional 20,755 shares during the period. Kingstone Capital Partners Texas LLC raised its holdings in iShares Bitcoin Trust ETF by 50.6% in the 3rd quarter. Kingstone Capital Partners Texas LLC now owns 64,924 shares of the company’s stock valued at $4,220,000 after buying an additional 21,815 shares during the period. Calamos Wealth Management LLC lifted its position in iShares Bitcoin Trust ETF by 81.0% in the third quarter. Calamos Wealth Management LLC now owns 49,258 shares of the company’s stock valued at $3,202,000 after buying an additional 22,045 shares during the last quarter. Finer Wealth Management Inc. boosted its stake in iShares Bitcoin Trust ETF by 136.2% during the second quarter. Finer Wealth Management Inc. now owns 39,668 shares of the company’s stock worth $2,428,000 after buying an additional 22,872 shares during the period. Finally, Kercheville Advisors LLC boosted its stake in iShares Bitcoin Trust ETF by 194.4% during the third quarter. Kercheville Advisors LLC now owns 16,853 shares of the company’s stock worth $1,095,000 after buying an additional 11,128 shares during the period.

iShares Bitcoin Trust ETF Price Performance

iShares Bitcoin Trust ETF stock opened at $50.76 on Wednesday. The company’s 50 day simple moving average is $51.32 and its 200-day simple moving average is $59.94. iShares Bitcoin Trust ETF has a 1 year low of $42.98 and a 1 year high of $71.82.

About iShares Bitcoin Trust ETF

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.