iShares Bitcoin Trust ETF $IBIT Stock Holdings Boosted by Pilgrim Partners Asia Pte Ltd

Pilgrim Partners Asia Pte Ltd raised its position in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 43.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,607,600 shares of the company’s stock after acquiring an additional 785,300 shares during the quarter. iShares Bitcoin Trust ETF comprises approximately 24.4% of Pilgrim Partners Asia Pte Ltd’s holdings, making the stock its 2nd largest position. Pilgrim Partners Asia Pte Ltd’s holdings in iShares Bitcoin Trust ETF were worth $123,444,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Walleye Capital LLC increased its stake 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 purchasing an additional 3,319,115 shares during the period. NEOS Investment Management LLC boosted its stake in shares of iShares Bitcoin Trust ETF by 55.4% in the second quarter. NEOS Investment Management LLC now owns 5,424,563 shares of the company’s stock valued at $180,584,000 after purchasing an additional 1,933,888 shares during the period. SigFig Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF in the third quarter valued at approximately $73,942,000. Himension Capital Singapore PTE. LTD. purchased a new position in shares of iShares Bitcoin Trust ETF in the first quarter valued at approximately $18,480,000. Finally, Proficio Capital Partners LLC grew its holdings in shares of iShares Bitcoin Trust ETF by 390.7% in the second quarter. Proficio Capital Partners LLC now owns 505,612 shares of the company’s stock valued at $16,832,000 after purchasing an additional 402,567 shares in the last quarter.

iShares Bitcoin Trust ETF Stock Performance

Shares of IBIT stock opened at $43.36 on Friday. The company has a 50 day moving average price of $45.89 and a 200 day moving average price of $41.59. iShares Bitcoin Trust ETF has a fifty-two week low of $32.84 and a fifty-two week high of $63.03.

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.