iShares Bitcoin Trust ETF $IBIT is Addison Capital Co’s 5th Largest Position

Addison Capital Co boosted its position in shares of iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 134.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 207,327 shares of the company’s stock after acquiring an additional 118,784 shares during the quarter. iShares Bitcoin Trust ETF comprises about 4.0% of Addison Capital Co’s portfolio, making the stock its 5th largest position. Addison Capital Co’s holdings in iShares Bitcoin Trust ETF were worth $13,476,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. StoneX Group Inc. raised its position in 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 buying an additional 20,755 shares during the last quarter. Kingstone Capital Partners Texas LLC boosted its holdings in shares of 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 acquiring an additional 21,815 shares during the last quarter. Calamos Wealth Management LLC increased its stake in shares of 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 worth $3,202,000 after acquiring an additional 22,045 shares during the period. Finer Wealth Management Inc. raised its holdings in shares of 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 purchasing an additional 22,872 shares during the last quarter. Finally, Kercheville Advisors LLC lifted its position 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 valued at $1,095,000 after purchasing an additional 11,128 shares during the period.

iShares Bitcoin Trust ETF Stock Down 0.2%

NASDAQ:IBIT opened at $50.51 on Thursday. The firm’s fifty day moving average is $50.94 and its two-hundred day moving average is $59.41. iShares Bitcoin Trust ETF has a one year low of $42.98 and a one 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.