12,309 Shares in iShares Bitcoin Trust ETF $IBIT Bought by Investment House LLC

Investment House LLC purchased a new stake in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 12,309 shares of the company’s stock, valued at approximately $800,000.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Bitcoin Trust ETF by 1,119.9% during the second quarter. JPMorgan Chase & Co. now owns 3,217,056 shares of the company’s stock valued at $196,916,000 after acquiring an additional 2,953,342 shares during the last quarter. Mint Tower Capital Management B.V. increased its holdings in iShares Bitcoin Trust ETF by 1,131.5% during the 2nd quarter. Mint Tower Capital Management B.V. now owns 2,849,285 shares of the company’s stock valued at $174,405,000 after purchasing an additional 2,617,925 shares during the period. Harvard Management Co. Inc. purchased a new position in iShares Bitcoin Trust ETF during the 2nd quarter valued at about $116,666,000. Pinpoint Asset Management Singapore Pte. Ltd. bought a new position in iShares Bitcoin Trust ETF during the 2nd quarter valued at approximately $113,404,000. Finally, Capula Management Ltd lifted its holdings in iShares Bitcoin Trust ETF by 22.5% in the 2nd quarter. Capula Management Ltd now owns 9,481,233 shares of the company’s stock worth $580,346,000 after buying an additional 1,739,073 shares during the period.

iShares Bitcoin Trust ETF Trading Up 0.1%

Shares of IBIT stock opened at $50.70 on Monday. iShares Bitcoin Trust ETF has a fifty-two week low of $42.98 and a fifty-two week high of $71.82. The business’s 50 day moving average price is $51.04 and its 200-day moving average price is $59.69.

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.