J. Safra Sarasin Holding AG Raises Stock Position in iShares Bitcoin Trust ETF $IBIT

J. Safra Sarasin Holding AG grew its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 33.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 143,515 shares of the company’s stock after purchasing an additional 35,677 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in iShares Bitcoin Trust ETF were worth $7,127,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the stock. Columbus Macro LLC increased its position in shares of iShares Bitcoin Trust ETF by 77.0% during the fourth quarter. Columbus Macro LLC now owns 32,830 shares of the company’s stock valued at $1,630,000 after buying an additional 14,284 shares during the period. MOR Wealth Management LLC purchased a new position in shares of iShares Bitcoin Trust ETF during the 4th quarter worth approximately $699,000. Quantum Financial Planning Services Inc. bought a new position in shares of iShares Bitcoin Trust ETF in the 4th quarter worth approximately $385,000. Yarbrough Capital LLC raised its position in shares of iShares Bitcoin Trust ETF by 14.6% in the 4th quarter. Yarbrough Capital LLC now owns 600,825 shares of the company’s stock worth $29,831,000 after acquiring an additional 76,612 shares in the last quarter. Finally, Clarius Group LLC lifted its stake in shares of iShares Bitcoin Trust ETF by 20.3% in the 4th quarter. Clarius Group LLC now owns 24,908 shares of the company’s stock valued at $1,237,000 after purchasing an additional 4,201 shares during the period.

iShares Bitcoin Trust ETF Stock Performance

NASDAQ IBIT opened at $38.42 on Wednesday. The stock’s 50 day moving average is $40.98 and its 200 day moving average is $51.38. iShares Bitcoin Trust ETF has a twelve month low of $35.30 and a twelve month high of $71.82.

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.