Titan Global Capital Management USA LLC Sells 28,043 Shares of iShares Bitcoin Trust ETF $IBIT

Titan Global Capital Management USA LLC lessened its stake in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 4.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 592,761 shares of the company’s stock after selling 28,043 shares during the quarter. iShares Bitcoin Trust ETF accounts for about 3.4% of Titan Global Capital Management USA LLC’s investment portfolio, making the stock its 13th biggest holding. Titan Global Capital Management USA LLC’s holdings in iShares Bitcoin Trust ETF were worth $22,774,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Laurore Ltd acquired a new stake in shares of iShares Bitcoin Trust ETF during the fourth quarter worth $436,239,000. Mubadala Investment Co PJSC boosted its stake in iShares Bitcoin Trust ETF by 45.6% in the 4th quarter. Mubadala Investment Co PJSC now owns 12,702,323 shares of the company’s stock worth $630,670,000 after purchasing an additional 3,975,351 shares during the period. Marshall Wace LLP boosted its stake in iShares Bitcoin Trust ETF by 229.8% in the 4th quarter. Marshall Wace LLP now owns 3,447,749 shares of the company’s stock worth $171,181,000 after purchasing an additional 2,402,259 shares during the period. Morgan Stanley boosted its stake in iShares Bitcoin Trust ETF by 21.5% in the 4th quarter. Morgan Stanley now owns 13,440,659 shares of the company’s stock worth $667,329,000 after purchasing an additional 2,374,482 shares during the period. Finally, Consolidated Portfolio Review Corp increased its holdings in iShares Bitcoin Trust ETF by 27,185.5% during the 4th quarter. Consolidated Portfolio Review Corp now owns 2,142,185 shares of the company’s stock worth $106,359,000 after purchasing an additional 2,134,334 shares in the last quarter.

iShares Bitcoin Trust ETF Price Performance

IBIT opened at $36.89 on Tuesday. The business’s 50-day moving average price is $38.05 and its two-hundred day moving average price is $41.45. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $71.82.

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.