18,150 Shares in iShares Bitcoin Trust (NASDAQ:IBIT) Acquired by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC bought a new stake in iShares Bitcoin Trust (NASDAQ:IBIT) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 18,150 shares of the company’s stock, valued at approximately $656,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. IMC Chicago LLC purchased a new stake in shares of iShares Bitcoin Trust in the third quarter valued at about $323,337,000. Aristeia Capital L.L.C. boosted its holdings in iShares Bitcoin Trust by 47.2% in the 2nd quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock valued at $202,806,000 after purchasing an additional 1,903,644 shares during the last quarter. Sculptor Capital LP grew its stake in shares of iShares Bitcoin Trust by 188.1% in the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock valued at $115,831,000 after buying an additional 2,215,107 shares during the period. D. E. Shaw & Co. Inc. grew its stake in shares of iShares Bitcoin Trust by 1,657.7% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock valued at $90,014,000 after buying an additional 2,486,608 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in shares of iShares Bitcoin Trust during the 2nd quarter worth approximately $56,965,000.

iShares Bitcoin Trust Trading Up 0.3 %

Shares of iShares Bitcoin Trust stock opened at $55.21 on Monday. The stock has a 50 day moving average of $42.45 and a 200 day moving average of $38.10. iShares Bitcoin Trust has a fifty-two week low of $22.02 and a fifty-two week high of $56.86.

iShares Bitcoin Trust 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.