Bull Harbor Capital LLC Buys Shares of 29,148 iShares Bitcoin Trust ETF $IBIT

Bull Harbor Capital LLC purchased a new stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 29,148 shares of the company’s stock, valued at approximately $1,120,000.

Several other hedge funds have also recently modified their holdings of IBIT. Laurore Ltd purchased a new position in iShares Bitcoin Trust ETF during the fourth quarter valued at approximately $436,239,000. Mubadala Investment Co PJSC lifted its holdings in iShares Bitcoin Trust ETF by 45.6% during the fourth quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after buying an additional 3,975,351 shares during the period. Walleye Capital LLC lifted its holdings in iShares Bitcoin Trust ETF by 332.4% during the first quarter. Walleye Capital LLC now owns 4,317,555 shares of the company’s stock worth $165,880,000 after buying an additional 3,319,115 shares during the period. Marshall Wace LLP boosted its position in iShares Bitcoin Trust ETF by 229.8% during the 4th quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock valued at $171,181,000 after acquiring an additional 2,402,259 shares in the last quarter. Finally, Morgan Stanley boosted its position in iShares Bitcoin Trust ETF by 21.5% during the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock valued at $667,329,000 after acquiring an additional 2,374,482 shares in the last quarter.

iShares Bitcoin Trust ETF Trading Down 0.4%

Shares of NASDAQ:IBIT opened at $36.00 on Thursday. iShares Bitcoin Trust ETF has a 12-month low of $32.84 and a 12-month high of $71.82. The business’s fifty day simple moving average is $36.93 and its 200-day simple moving average is $40.73.

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.