Bleakley Financial Group LLC Acquires 84,790 Shares of iShares Bitcoin Trust ETF $IBIT

Bleakley Financial Group LLC boosted its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 29.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 370,986 shares of the company’s stock after acquiring an additional 84,790 shares during the period. Bleakley Financial Group LLC’s holdings in iShares Bitcoin Trust ETF were worth $24,114,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Bitcoin Trust ETF Stock Up 0.9%

iShares Bitcoin Trust ETF stock opened at $38.42 on Friday. iShares Bitcoin Trust ETF has a 12 month low of $35.30 and a 12 month high of $71.82. The stock’s 50 day moving average is $47.30 and its 200-day moving average is $56.28.

iShares Bitcoin Trust ETF Company 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.