iShares Bitcoin Trust ETF $IBIT Stock: Sepio Capital LP Increases Position

Sepio Capital LP increased its holdings in iShares Bitcoin Trust ETF (NASDAQ:IBIT) by 251.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 133,496 shares of the company’s stock after acquiring an additional 95,541 shares during the period. Sepio Capital LP’s holdings in iShares Bitcoin Trust ETF were worth $6,320,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. 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 acquiring an additional 3,319,115 shares during the period. NEOS Investment Management LLC boosted its position in 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 worth $180,584,000 after purchasing an additional 1,933,888 shares during the last quarter. SigFig Wealth Management LLC purchased a new position in iShares Bitcoin Trust ETF in the third quarter worth $73,942,000. Himension Capital Singapore PTE. LTD. purchased a new position in iShares Bitcoin Trust ETF in the first quarter worth $18,480,000. Finally, Proficio Capital Partners LLC grew its stake in iShares Bitcoin Trust ETF by 390.7% in the 2nd 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 during the period.

iShares Bitcoin Trust ETF Stock Performance

Shares of NASDAQ:IBIT opened at $46.06 on Friday. The business has a fifty day moving average price of $45.13 and a two-hundred day moving average price of $41.20. iShares Bitcoin Trust ETF has a 1 year low of $32.84 and a 1 year high of $65.97.

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.